LEAVE TRAVEL ALLOWANCE, TELEPHONE & PROFESSIONAL DEVELOPMENT GUIDELINES.

LEAVE TRAVEL ALLOWANCE:

➢ Employee Name is mandatory on the bill.

➢ Employee essentially should be part of the travel throughout, to be able to claim exemption.
➢ LTA can be claimed only for domestic travel.
➢ If two claims are already made for the current block (2018 to 2022), no further claim for the block will be
accepted.
➢ Employee should be on paid leave for not less than 3 days during the period of travel.
➢ In case of travel by Train / Flight-Travel agents’ bill without tickets does not constitute valid Proof.
➢ Tickets or Travel bills should be for the period with the current employer only (1st April of the Financial Year or
DOJ whichever is later)
➢ In case of travel by road, Original travel agents bill clearly reflecting:
1. Places traveled
2. Break up of total kilometers covered between each of the places traveled
3. Number of dependents traveled (spouse/ Children/parents) should be provided for availing exemption.
Reimbursement payment and exemption will be available only to the extent of 1st AC train fare.
➢ Only Economy class air fare will be considered for travel by air. Claims without boarding pass will be rejected.
➢ Claim is to be made for one round trip (to and fro).

Note:

➢ LTA can be claimed exempt from income tax only in respect of two journeys performed in a block of four calendar
years. The current block of four years is (2018 to 2022).
➢ If the journey is through taxi, the amount to be taken as tax exempt would be the air-conditioned first-class rail
fare through the shortest route, or amount actually spent, whichever is less. The travel cost eligible for exemption
should be for the shortest route to any place in India. Where the journey has been performed by air, the amount
exempt is the economy airfare of the national carrier by the shortest route to the place of destination.
➢ “Family” in relation to an individual means Spouse, children, and dependent parents only.
➢ Local conveyance will not be considered for exemption

TELEPHONE REIMBURSEMENT:

➢ Employee name should be printed on the bill – mandatory.

➢ Bills should be for the period with the current employer only (1st April of the Financial Year or DOJ whichever is
later).
➢ Exemptions for the period not with the current employer cannot be considered.

PROFESSIONAL DEVELOPMENT

➢ Bills should pertain to current financial year and it should be in the name of the associate.
➢ Soft copy of the bill is mandatory, and it should be digitally Signed or invoice with seal and signature.
➢ Reimbursement can be claimed for course fee, registration fee, examination fee, membership fee and the amount
incurred for study material on pursuing any professional course.
➢ Incase if the course fee paid in other currencies like USD, EURO, CAD, etc., employee should provide the credit
card/bank statement showing INR conversion value.
➢ Declaration from the associate stating that the expenditure incurred for his/her professional development.