Leave Travel Allowance or LTA can be claimed as a deduction from taxable income where the employer provides LTA to the employee. So the employee’s salary should have the LTA component as a part of his salary package. Our articleSalary, Net Salary, Gross Salary, Cost to Company: What is ...
It cannot be claimed in cases of fraud. Reversal of Input Tax Credit Reversal of Input Tax Credit under GST happens when a business must give up the credit it previously claimed. This reversal can be necessary in several situations: 1. Non-Business Use If the goods or services acquired are...
Deductions that be claimed under Form 12BB There are various deductions that can be claimed under 12BB: House rent allowances(HRA) Leave Travel Allowances(LTA) Interest amount payable on a home loan All other deductions that are specified under this. What exactly is the aim of a declaration...
Leave Travel Allowance (LTA): Find out the meaning, eligibility, claiming process, exemption limit, section, and stay updated with the latest developments.
EE, 80EEA, 80EEB, 80G, 80GG, 80GGA, 80GGC, 80IA, 80-IAB, 80-IAC, 80-IB, 80-IBA, etc).However, deduction under sub-section (2) of section 80CCD (employer contribution on account of the employee in notified pension scheme) and section 80JJAA (for new employment) can be claimed...
Cruz claimed that the trio wanted to make California’s “failed energy policy the standard nationwide.” “California is now unable to perform even basic functions of civilization, like having reliable electricity,” he said. “Hope you don’t like air conditioning!” ...
So much of Ethiopia’s identity is connected to its history, a history passed on orally which traces its roots back four thousand years to the Queen of Sheba, King Solomon and the Ark of the Covenant. For over a thousand years, Ethiopian kings claimed to be direct descendants of the line...
Leave Travel Allowance: Salaried employees can avail exemption for a trip within India under Leave Travel Allowance. The exemption is only for shortest distance on a trip. This allowance can only be claimed for a trip taken with your spouse, children and parents, but not with other relatives....
. They claimed everyone who had a western, acid diet had a colon like this. The colon's owner drank alkaline water for several weeks, and a new colon was showed, clean as a whistle. The person's many ailments were cured! Amazing! Funny thing was, I viewed my spouse's colonoscopy ...
Consequently, sustainability knowledge can be defined as knowledge required for understanding and becoming aware of the need for sustainability as a basis for actions for it. 2.1. Student Learning and Knowledge of Sustainability As Posch and Steiner [12] claimed, students' learning follows a linear ...