Leave travel Concession(LTC) provided in India is exempt upto some limits  under Section 10


Leave travel Concession (,LTC) - Taxability of Perquisites



Important Points

  1. LTC means Leave travel Concession,hence travel expenses on personal leave is covered here (not official leave)
  2. When a person goes for travel,there are lots of expenses for Travel,sight seeing,hotel ,taxi etc. Only travelling expenditure is exempt,not other expenses paid by employer
  3. If LTC provided outside India,then it is fully taxable
  4. LTC is also sometimes called LTA (Leave travel allowance) Although it will be exempt only if bills are provided by employee





How to Calculate Amount Exempt




What is amount exempt in following cases?

Travel by Travel to Amount Exempt
Air Agra  
Train Agra  
Bus Agra  
Own Car Agra  
Air Ladakh  
Train Ladakh  
Bus Ladakh  
Own Car Ladakh  
Air Andaman and Nicobar  
Ship Andaman and Nicobar  
View Answer


How many times LTA can be claimed?

LTA can be claimed only twice in a block of 4 years

Current Block is 2014-17

(We follow calender year,not financial year)



Expenses of Family Covered

  • Family means
  • Self
  • Spouse
  • 2 Children
  • Dependent Parents
  • Dependent Brothers and Sisters
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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.