need info on LTC rules

brutus_walker · Aug 4th, 2009, 03:12

Can someone throw light on LTC Rules. What kind of travels is permitted? What kinds of Bills need to be submitted and so on...TIA

Nick-H · Aug 4th, 2009, 05:20

This is the news forum, and you are not giving us any news!

By the way, what's LTC?

livinhimalayas · Aug 4th, 2009, 11:32

Leave Travel Concession - a facility that Indian companies give to their employees to travel once a year to a destination of choice.
You will have to produce bills for accommodation and transport for the amount that is allowed to you as LTC or more. That is all that is needed. So get bills from Hotels and train tickets/taxi/bus fares. Attach them with the prescribed form and submit to be reimbursed the amount.

arunganpath · Aug 4th, 2009, 15:26

Quote:

Originally Posted by brutus_walker

Can someone throw light on LTC Rules. What kind of travels is permitted? What kinds of Bills need to be submitted and so on...TIA

Brutus, I thought am in Indiamike, the India Travel Forum.. Btw, you are making me to give my professional advise to you as a Chartered Accountant ! Anyway, send your address to his thread and my bill will follow ...

For LTA, Travels within India is permitted by the shortest possible route. You can either do it by train or air. In case of Air, you need to submit the boarding pass (though there is a SC judgement which says proof need not be submitted but presented if asked by the ITO) and in case of train, the PNR no of the ticket you have travelled. In case you have performed journey in car / jeep where train / air is not accessible, then the bills for the same...

Legally these are the things permitted.. You need to fend for yourself for food and lodging...

brutus_walker · Aug 4th, 2009, 20:22

Hey Nick,
Thanks for the correction buddy. I will take care in future while posting. I am new to site, so still a lots of learning to do.

theyyamdancer · Aug 4th, 2009, 20:29

Mod Note:

I have shifted this query to a (slightly) more appropriate forum.

Aug 4th, 2009, 03:12	#1
brutus_walker Member Join Date: Jul 2009 Location: Delhi, India Posts: 12	need info on LTC rules Can someone throw light on LTC Rules. What kind of travels is permitted? What kinds of Bills need to be submitted and so on...TIA

Aug 4th, 2009, 11:32	#3
livinhimalayas still learning Join Date: Oct 2008 Location: The Abode of Snow Posts: 3,342	Leave Travel Concession - a facility that Indian companies give to their employees to travel once a year to a destination of choice. You will have to produce bills for accommodation and transport for the amount that is allowed to you as LTC or more. That is all that is needed. So get bills from Hotels and train tickets/taxi/bus fares. Attach them with the prescribed form and submit to be reimbursed the amount. __________________ He that would live in peace and at ease must not speak all he knows or all he sees. - Benjamin Franklin

Aug 4th, 2009, 20:29	#6
theyyamdancer lost in Mechuka member Join Date: Dec 2005 Location: Crete Posts: 4,426	Mod Note: I have shifted this query to a (slightly) more appropriate forum. __________________ "Wandering seemed no more than the happiness of an anxious man." - Albert Camus

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Aug 4th, 2009, 05:20	#2
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,225	This is the news forum, and you are not giving us any news! By the way, what's LTC?

Aug 4th, 2009, 20:22	#5
brutus_walker Member Join Date: Jul 2009 Location: Delhi, India Posts: 12	Hey Nick, Thanks for the correction buddy. I will take care in future while posting. I am new to site, so still a lots of learning to do.