How to Claim LTA [Top 10 Questions]

Watch this video to know everything about Leave Travel Allowance or Leave Travel Concession in India. This video will help you gain a better understanding about Leave Travel Allowance and how you can claim exemption on your travel tickets, cost of your rented car and save a lot of tax.
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Here’s what you will gain from this video:
Leave Travel Allowance (LTA) is a type of allowance which is given to an employee from his employer to cover his travel expenses when he is on leave from work. Sometimes it is also known as Leave Travel Concession (LTC). LTA is exempt from tax u/s 10(5) of Income Tax Act, 1961.
Therefore, in this video, we explain Leave Travel Allowance in India and everything you need to know about it. This video will help you understand the Rules, Benefits and Limitations of LTA along with the concept of Block Years in India. Also, you will gain a clear overview about How to Calculate LTA amount, Applicability of LTA on International Trips and Carry Forward of LTA claim.
Tax Laws & Rules - Income Tax Department - Conditions for the purpose of section 10(5):
www.incometaxindia.gov.in/rul...
LTA Rules & Exemption for Claiming Leave Travel Allowance:
www.hrblock.in/guides/lta-lea...
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[@HrblockIn]

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[@FaizurRahman.M]

Great Explanation Ma'am!

[@devam6189]

6th question, many CA do this one, claim LTA during ITR filing

[@sathyavadivel7627]

Thanks

[@sachinnalawade7051]

very nice explain mam thanku

[@varasiddinaveen9355]

Thank U Mam.

[@feniljani5516]

Very very nice explain mem THANK YOU SO MUCH

[@raghupathijada]

Good Madam, Thanks a lot

[@HrblockIn]

Hey Raghupathi, thank you so much for your appreciation. Don't forget to Like, Share and Subscribe!

[@pankajbaghmar7459]

Small video with lots of info. Hard work to make this video is truly reflecting

[@barinismile4087]

point 10 is relevant to me , thanks for your help in providing useful information.

[@HrblockIn]

Hey Barini, we are glad you found the video useful. Keep supporting us and we will continue publishing more amazing content.

[@amanbhola8461]

Good lecture, and u look pretty in red

[@fyasjahan5098]

Can I claim with car taxi with 110kms of travel?

[@Ankur_TravelLife]

Can we declare hometown visit?

[@SumanDevi-qn6mu]

Two journey includes 4 like both coming nd going is one block right

[@talkpresent]

Can you explain whether LTA is only for tax exemption or it is a Amount Payable to employee for his journey on travel

[@hermanaloysiusdsouza85]

Dear Madam Pls inform Hotel boarding and lodging bill required and same can be claimed ?

[@Jeetu105]

for the cycle period 2018-2021 , can i submit LTA proofs in two consecutive years ie in 2020 & 2021 ? (for 2018,2019 I was not entitled for LTA)

[@shanmagesh1309]

what bills i can show apart from flight, bus, train tickets. what if I use my own car and how to claim lta in this case?

[@rgnandanshetty2950]

Can I consolidate all the travel bills in the year to claim lta?

[@Vidaithedal999]

Can we claim Saturday and Sunday bill

[@jayantkhurana6254]

Can I claim additional LTA deduction While filling ITR than mentioned in form 16 , if I missed to submit all travel bills to company? Consider I have all valid proofs from same trip but missed to submit to company earlier

[@varunavv2011]

Hi, are hotel bills allowed?

[@sukritkhurana9607]

Can I claim additional LTA deduction than mentioned in form 16 , if I missed to submit all travel bills to company?

[@jayantkhurana6254]

I have same query on LTA

[@mamtabhosle3230]

What if I travel at the year-end of the financial year and I have not stipulated time for the submission of the claim then can I claim it in the next financial year?

[@ankitamukherjee9678]

If I travel from Hyderabad to kolkata for round trip, will it be count as Two journey or One Journey? Please reply

[@vishwakumar2922]

the video says we can claim for only 2 journeys in 4 years (block year) Does a journey means both to and fro tickets ?........

[@MenezesLouis]

Can we claim LTA if it does not reflect in our salary structure?

[@bhanurebel9660]

LTA not provided my employer still can i claim if i travel

[@ranganaths4419]

What if I opt for taxable for full amount.. What is % of tax?

[@pranavsulakhe2816]

Documents needed to claim the LTA ? Bus tickets or fligth tickets with boarding pass?

[@bibhuti66]

you need bus ticket and for flight ticket and boarding pass both

[@sumitnayyar7400]

can LTA be claimed for 2 journeys done in the same year i.e. March 2021 & August 2021 during the 2018-2021 block?

[@sujithksunil5622]

No. maximum one per year.

[@sanjanashaha4720]

Hi Sujith Exp on travel incurred in 2022, Can be claimed in 2023? Please let me know if you are aware

[@suryachauhan4268]

What is if we dont want to claim LTA we want amount without travelling? Is this possible if we dont travel than we can get that amount in salary

[@sumeetkrishnan8828]

Had a question, if u have XYZ amount in the LTA and u didn't went anywhere will this XYZ amount after the financial year-end, the LTA money will be sent to my bank account ( deducting the tax ) ? or it will be lapsed?

[@dhananjaygupta3028]

Yes same question here also..

[@akshaymenon8922]

any update on this?

[@Dharmatma77]

If you did not use lta amount it will be transferred to taxable

[@sumeetkrishnan8828]

Yep, thats correct the LTA will be provided to you at the end of the financial year but the whole amount will be taxable.. And the worst part is its your salary + lta and the total amount will be taxed at 30% according to the tax slab

[@shashanksingu7871]

Thanks for sharing content. I have query for example, travel from hyd to Trivandrum and in return I travel from Cochin to hyd. I am eligible to submit both bill ? Please help me with this 😔@H&B block

[@BonyfusSebastian]

Hi, were you able to claim this LTA?

[@KapilMurarkar]

Is it necessary ti travel by national carriers , like air india to avail LTA ? What If i travel by indigo or goAir that are essentially budget airlines ?

[@sujithksunil5622]

You can travel with any career. They'll consider the Economy charge for the source to destination as the maximum limit.

[@nikinluv]

Hi, Lets say I travelled inJan2020. Can I claim it in next finanicial year say september 2020. Or it should be claimed in same financial year say till March 2020?

[@sanjanashaha4720]

Hi Nikhil I have the same query. Did you get answer of this? Please let me know

[@bhanurebel9660]

I did 't get LTA in my salary slip if i travel In India can i claim LTA still if i travel

[@babluprasad3742]

Hello - I've claimed LTA in Jan'20 for the block year Jan18-Dec21, can is still claim LTA now in Dec'20 against travel made in Nov'20

[@bibhuti66]

Yes

[@deepakMCA2009knit]

Agar maine apni company me 38400 / year ka LTA block aaj ki date me declare kar diya and Dec 2021 tak maine koi travel nahi kiya to kya wo paise doob jayenge. Company mujhe jo salary de rahi hai usme se 3200/month kaat kar de rahi hai. Not sure ki maine apne IT Declaration section me LTA accept kar ke sahi kiya ya galat. Please suggest karein.

[@Life_is_beautiful333]

Hi can anyone explain what is total expense showed At 3.50 to 4.00 seconds in video My question is if tax is levied except 12000 so what is 40 k includes..

[@bibhuti66]

if you and your family 2-3 people are traveling together then you can claim for all, lets say you spent 20k each, then 4 *20k= 80k for four members, now company will only take claim for 40k max

[@vishnunakka2711]

Is there any limit on basic salary ??

[@bibhuti66]

No, standard is 40K, you can get upto maximum 40K LTA claim

[@babuthiru4827]

If there is no travel on entire year. Any possibility to refund the cash

[@bibhuti66]

paisa nahi milta hai utne ka kehlo choot milta h, tax bharte samay

[@roopalilalwani9217]

My employer collects tax proofs in the month of January. Suppose I travel IN February, do I have to submit the proof in the same FY, that is before March? Or it can be submitted next January?

[@sujithksunil5622]

It's a better idea to check with your employer with regards to this. As far as i know you're supposed to claim the LTA in the same calender year.

[@feniljani5516]

Mem muze LTA milta ho lekin meri income pe tax pay ho utna na ho mean itr nill ho ya itr karne ki jarur na pade to lta mil sakta he or government ko kese pata chalega mene travel kiya ya nahi?

[@bibhuti66]

aapko paisa nahi milega..... tax agar jyada ho raha ho to kam ho jayega (mtlb kam tax dena hoga ya koi tax nahi dena hoga(agar tax slab niche aa jata hai to))

[@kselvaraj2252]

സിമ്പിൾ and യൂസ്ഫുൾ

[@sangitavasava7351]

This is to inform you that if you miss to claim LTA from your employer you can claim it while filing ITR just same as HRA...provision is available for it...You are giving wrong info in video...