Leave Travelling Allowance
- Leave travelling allowance is given under the section 10(5)
- Leave travelling concession i.e exemption is available for the travelling of employees, his spouse,
- children and dependent relatives i.e Mother, Father, Brother and Sister.
- Exemption of Leave travelling concession is available only for 2 children born on or after 01/10/1998
- Leave Travel Exemption is available for 2 years during the block of 4 years.
Leave Travel concession is compute in the following manner
Travel by Air
- Actual Expenses
- Economy class fare (Air India Fare)
Which ever is lower is allowed exempt.
Travel by any other mode
1. Railway Facility
- Actual Expenses
- 1st class railway A/c fare
Which is lower is Exempt.
2. If Railway Facility is not available
Recognised transport facility available
- Actual Expenses
- Deluxe class bus fare
Which is lower is allowed as exempt.
Recognised transport facility not available
- Actual Expenses
- 1st class railway fare of similar distance
Which is lower.
