LTC exemption benefit

Hi Team,
Please let me know if LTC exemption calculation is correct.
Amount spent on resort stay by self and eligible family members = 31,270
LTC exemption benefit that can availed = 31,270 / 3 = 10,423
Is the calculation correct?

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LTC claim is allowed for only on the actual travel costs i.e., the air, rail or bus fare incurred by the employee. No expenses such as local conveyance, sightseeing, hotel accommodation , food, etc., are eligible for this exemption .

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Hi @Bina

Just combining the same threads. LTC scheme exemption - #4 by Bina

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LTA exemption is available only for the amount actually incurred on the performance of such travel. You cannot claim LTA benefit for a resort stay!!

Please refer to the rule of income tax below.

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