LTA is allowed when an individual actually utilises the amount to travel in India. Expenses include only travel fare. Other expenses like hotel, sightseeing, etc food etc are not covered. LTC exemption is limited to actual received as allowance.
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LTA is allowed when an individual actually utilises the amount to travel in India. Expenses include only travel fare. Other expenses like hotel, sightseeing, etc food etc are not covered. LTC exemption is limited to actual received as allowance.