Submit your Leave Travel Allowance claim before this date to save tax, check the deadline
Submit your Leave Travel Allowance claim before this date to save tax, check the deadline
Leave Travel Allowance (LTA) allows salaried employees to claim tax exemptions on travel expenses within India. LTA can be claimed for a maximum of two journeys within a four-year block. Only transportation costs, such as airfare or train tickets, are covered. To claim LTA, employees must submit original travel documents and proof of expenses.
Leave Travel Allowance (LTA) allows salaried employees to claim tax exemptions on travel expenses within India. LTA can be claimed for a maximum of two journeys within a four-year block. Only transportation costs, such as airfare or train tickets, are covered. To claim LTA, employees must submit original travel documents and proof of expenses.