Hi all,
I want to know about claiming LTA. My employer is providing ₹6000 against LTA. My CTC is ₹357,288, and I don't fall under the income tax payer category if I'm right. I recently got married, and I'm planning to visit Vaishno Devi with my family, i.e., my father, mother, wife, and myself. Can I claim the tour charges? What kind of charges can I claim, and will the claim amount be credited with my next salary? I never claimed LTA before.
Please help.
Preetesh Kr
From India, Jamshedpur
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1I want to know about claiming LTA. My employer is providing ₹6000 against LTA. My CTC is ₹357,288, and I don't fall under the income tax payer category if I'm right. I recently got married, and I'm planning to visit Vaishno Devi with my family, i.e., my father, mother, wife, and myself. Can I claim the tour charges? What kind of charges can I claim, and will the claim amount be credited with my next salary? I never claimed LTA before.
Please help.
Preetesh Kr
From India, Jamshedpur
Acknowledge(0)Amend(0)
LTA may be part of your CTC. You can claim LTA for the tickets of yourself and dependents (Air or Train Travel), and the company may reimburse the LTA claim subject to the ceiling according to your eligibility. The bona fide amount is exempted from income tax twice in a block of 4 years.
Pon
From India, Lucknow
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Pon
From India, Lucknow
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