The draft Income-tax Rules, 2026 clarify that Leave Travel Concession (LTC) exemption will continue largely unchanged under ...
The Supreme Court stayed recovery of tax and interest demanded for non-deduction of TDS on foreign LTC reimbursements. The matter has been tagged with a related SLP for further ...
From April 1, employees claiming Leave Travel Concession (LTC) may face tougher scrutiny under the proposed Draft Income Tax ...
Under the draft rules, air travel exemption is limited to the fare admissible for the entitled class by the shortest route.