LTA, Food Coupons, Motor Vehicle Allowance – Tax Exemptions

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Hello Tax Planners,

Did you know what to claim under LTA?
Did you know how to claim Motor Vehicle Allowance?
Did you know how do you claim the actual expenses incurred for official purposes?
Then, we are here to help you get a solution for all your doubts and worries.

This video elaborately explains:
1. Exemptions, conditions and applicability of –
a. Leave Travel Allowance (LTA)
b. Motor Vehicle Allowance
c. Allowance for Academic Grant
d. Annual Gift
e. Food Coupon
f. Interest Free Loan
g. Actual Expenses for Official Purposes

If you missed our video our PART A of Exemption , click on the below link:
Part A: https://youtu.be/OU7NEZ1ayi0

Please do let us know if you have any queries. We shall be happy to help you.

You can also find us/contact us through:
Email : taxseekho@gmail.com
Website: www.taxseekho.in
Facebook: https://www.facebook.com/taxseekho
Telegram: https://t.me/taxseekho
Instagram: https://www.instagram.com/taxseekho/

#LTA
#Food_Coupons
#Motor_Vehicle_Allowance
#How_to_Save_Tax
#Income_Tax
#GST
#save_income_tax
#How_to_Save_Income_Tax
#due_date_extension
#Extend_Due_Dates
#Extend_Due_Date_Immediately
#income_tax_portal
#income_tax_india
#save_income_tax_india
#save_tax
#tax_saving_options
#tax_saving_options_for_salaried
#tax_saving_investments
#TDS_on_Property_Purchase_from_NRI
#TDS_on_Purchase_of_Property
#TDS

Happy Learning !!
Cheers !!

Comments

Ravikant Chaudhary says:

Thanks for the explanation.

Susanta Swain says:

Assume my salary 14LPA.. So how much I can apply per month as food coupon ?

jayaguru mohanty says:

Does company deduct this amount automatically or we have an option to deny it?

shaik thabaresh says:

I need to know : on daily bases example : 1.if a purchase clothes from shop and I will pay tax bill
2.for my two wheeler daily am filling fuel Rs. 100 / –
3.For grocery am purchasing Rs. 5000 /- per month that is also a tax paying bill

Such kind of bills how I can get tax returns.pls suggest

mithrej says:

Due to covid, employer is not crediting money in sodexo card. It is encashed, 2200 p.m is shown as sodexo encashment in salary slip. Can I claim this as exemption.

Nilesh Kumar says:

Can i rent my father's car for exemption?

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