Can LTA travel of family independant of employee?
MS Moorthy
(Querist) 20 March 2010
This query is : Resolved
Dear Expert,
Income tax exemption avilable to employees for LTA travel for any 2 travels in the block of 4 years. Please guide if family members could travel independant of employee & if so should the destination of travel be same.
Some companies are insisting for LTA claim that all memebers travel together ! If any family member left out his eligibility is lost. Is it justified.
Regards
MS Moorthy
Raj Kumar Makkad
(Expert) 20 March 2010
Companies are accurate. The provisions insisted by companies is legal according to provisions on the subject.
Parthasarathi Loganathan
(Expert) 20 March 2010
No Sir. In many companies especially nationalised banks, LTA claim is allowed for the travel of dependents alone sans employee
MS Moorthy
(Querist) 20 March 2010
I agree with Mr. Parthasaarathi Loganathan as i had seen this practive in some companies. If travel can be independant, is there a need for travel by all members to same destination ? If so which clause of IT Act / rule support the same?
Parthasarathi Loganathan
(Expert) 20 March 2010
It is for your employer to first admit your availing the LTA facility as Income Tax Act does not come into the picture.
MS Moorthy
(Querist) 20 March 2010
Thanks parthasarathi ji. Are there any restrictions / guidelines companies need to adhere in extending the LTA benefit?
If so shall be grateful if the same is mentioned, for our guidance.
Regards
MS Moorthy
B.B.R.Goud.
(Expert) 26 March 2010
i do agree with learned counsel
