Lta Exemption Limit For Ay 2024-25 202425 Limit . Deduction limit to claim lta exemption under section 10(5) depends on the lta component of your salary payslip. Complete tds rates chart applicable for f.y.
Clause (a) of section 44ab talks about a person carrying on a business, whereas clause (b) talks about a person carrying on a profession. Leave travel allowance (lta), often included in your salary, pays for your.
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