[QUIZ TIME] How much tax exempt can I claim in Leave Travel Allowance?

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  • Entire travel cost incurred by you in the trip.
  • Any amount spent for any mode of transport.
  • Depends on the LTA component in your compensation package.
  • Claim for all 3 trips you made in past calendar year

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New Development in LTA https://taxguru.in/income-tax/claim-lta-exemption-travelling.html

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