Friday, April 12, 2019

Deduction for Leave Travel Concession not available to Bank Employees on Foreign Travels: ITAT [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) in the case of Shri Rajeshkumar Navnitlal Dani v. ITO vide its order dated April 10, 2019, held that LTC can be claimed only towards proceeding on leave to any place in India. The Assessee, an employee of Bank of Baroda, has availed Leave Travel […]

The post Deduction for Leave Travel Concession not available to Bank Employees on Foreign Travels: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2VHiyXx

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