LTA exemption: What is Leave Travel Allowance and can you claim it at the time of filing your income tax return?

Salaried individuals must provide travel proof by deadlines for LTA exemption. LTA covers vacation expenses for family members. Private and government employees have specific conditions for LTA claims. Rules define travel routes and ticket class for exemptions.

LTA exemption: What is Leave Travel Allowance and can you claim it at the time of filing your income tax return?

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Salaried individuals must provide travel proof by deadlines for LTA exemption. LTA covers vacation expenses for family members. Private and government employees have specific conditions for LTA claims. Rules define travel routes and ticket class for exemptions.