Tax on LTA received on Retirement

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  1. Aditya Rajput

    Aditya Rajput New Member

    Hello,

    I am working with a Ltd. Co.

    In the block of 4 years I have claim 2 times LTA.

    But in last FY, I have been retired. And Received LTA on Retirement, which is shown as Exempt in Form 16.

    So does LTA received on Retirement can be taken as Exempt ?

    Pls Help. Thanks...

    Tag: @Neha Sharma and @Karan Batra Sir.
     
  2. Neha Sharma

    Neha Sharma Active Member

    I dont think LTA on Retirement can be considered as Exempted..
     
  3. Aditya Rajput

    Aditya Rajput New Member

    Thank You So Much, Neha Ma'am :)
     
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