Рет қаралды 58,890
Leave Travel Allowance or LTA is a type of allowance given to the employee by employers for travel. It covers within-country travel costs when he/she is on leave from work.
Section 10(5) of the Income Tax Act, 1961 with Rule 2B ensures the exemption of tax and also details the conditions subject to tax exemption. There are some rules related to the exemption of tax that is stated clearly under Section 10(5) of the Income Tax Act, 1961.
Please subscribe to our KZbin channel: www.youtube.com...
You may like to watch this video: • How to rebalance inves...
Also watch: • HSBC aquires L&T Mutua...
Follow me on social media:
/ pankajmathpa. .
/ pankajmathpal
pankajmathpal
#pankajmathpal #LeaveTravelAllowance #LTA