Web8 Jan 2024 · The employee is entitled to exemption under section 10 (5) in respect of the value of leave travel concession or assistance received by him from his employer. Family … Web13 Jun 2024 · Ans: Section 10 (5) of the Income Tax Act, 1961 allows LTC exemption. Q - If the boarding pass is lost, can LTC be claimed? Ans: Yes, LTC can be claimed if the boarding pass is lost. However, allowing LTC exemption would depend on the employer.
What is the method of service for a section 5 notice?
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How to claim LTA exemption in FY 2024-21, LTA cash …
Web9 Dec 2024 · While the tenancy agreement looks after minor maintenance issues, Section 11 of the Landlord & Tenant Act 1985 lays out a landlord's obligation to maintain and repair a privately rented home. Major repairs include: The structure of the building, including the roof, windows and doors. Gas pipes, radiators and boilers. Electrical wiring. Web8 May 2024 · One such exemption available to the salaried class under the law and widely used by employers is Leave Travel Allowance (LTA) /Leave Travel Concession (LTC). LTA … Web7 May 2014 · Section 10(5) of the Income Tax Act, 1961 (along with Rule 2B of the Income Tax Rules) governs calculation of tax exemption on LTA. Each year organizations face … red springs nc to laurinburg nc