TMI BlogLTC exemption for travelling to Sri LankaX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi Professionals, As per section 10(5), LTC is exempted in connection with his proceeding on leave to any place in India subject to the other conditions. Please advise is there any latest amendment whereby exemption of LTC is extended to travelling to nearby countries i.e. Sri Lanka,Nepal etc. Thanking you in anticipation, Ramesh - Reply By Ganeshan Kalyani - The Reply = Sir, In my view, t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he travel should be within India. Thanks. - Reply By KASTURI SETHI - The Reply = I concur with the views of Sh.Ganeshan Kalyani, Sir. There is not even remote possibility of such extension for LTC to outside India. - Reply By YAGAY AND SUN - The Reply = We endorse the very view of our learned friends. Here is the reason for such endorsement:- 2016 (3) TMI 282 - ITAT LUCKNOW M/s State Ban ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k of India Versus DCIT (TDS) , Kanpur - Reply By CS Anshika Chitransh - The Reply = LTC u/s 10(5) No any latest amendment had been made under this section or its related rules in regards of claiming exemption for travel to Nepal, sri lanka etc. Thank you. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = There is no provision for allowing LTC other than India. - LTC exemption f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or travelling to Sri Lanka - Query Started By: - Ramesh Rangani Dated:- 25-8-2016 Income Tax - Got 5 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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