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Can the Leave travel concession u/s 10(5) be carried forward? |
Manual - Exempted Income u/s 10 - Salary Specific Yes, Leave Travel Allowance comes with a carry forward feature. An individual can carry forward the Leave Travel Allowance in the situation that it has not been used. It can be brought forward and claimed in the first year of the next block.
Dated: 18-5-2018
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