The current block is 2010 to 2013. Say for example, you claim LTA exemption in 2010, then you could claim just one more till 2013. An important thing to keep in mind here is that, the four years. From April this year, families were allowed to board buses with open strollers. And now, the Land Transport Authority (LTA) has announced that from today, 29 June 2017, they will be trying out a new stroller restraint system on Singapore buses, starting with bus Service 69 – to help parents and care-givers secure open strollers on buses. An employee can make LTA claim for two journeys in a block of four years. These block years are different from Financial Years and created by Income Tax Department. Currently, we are in the block year of 1st January 2014- 31st December 2017.

You can use the form below to book the Hawkchurch Tennis Court if you are a member of the club.

Please note we are not able to support casual ‘pay as you play’ players at the moment, but we have drastically reduced our membership fees for the year to encourage players to join and play.

Due to the COVID-19 Coronavirus pandemic we are opening the court with conditions according to government guidelines and after considering recommendations from the LTA.

To minimise the interaction of players we are allowing bookings for two hour time slots during the day, with a 30 minute gap. Please keep within your time-slot and follow the guidance set out below.

Membership fees have been drastically reduced this year as we cannot easily deal with casual tennis players payments. It is easy to join and you will be able to book the court online.

Government guidance permits:

• up to four players from the same household to play or,
• singles matches between different households.

You must observe social distancing and good hand hygiene at all times.

We will set the net to the correct height so that you do not need to worry about it. We will slacken the tension if there is to be a prolonged period of rain or windy weather, or if the court is not booked for a significant period.

We will operate an online booking system to ensure different groups of players can avoid contact. We will discontinue the honesty box and booking diary to avoid handling cash and other materials.

We will keep up to date with the guidance and advise members of any changes.

Bring a glove or cloth that you can use to open the padlock and enter the court – the padlock is new so should be easier to set the code for opening and closing than the previous one.

Do not open the benches unless you need the first aid kit and if possible avoid hand contact with them.

Bring your own equipment and balls. The bench with the equipment and balls will be padlocked.

The LTA have set out fuller recommendations for safe play. These include that players should use their own kit, including balls and avoid changing ends. If playing with a member of a different household it is recommended that you mark your balls and only use your own balls for serving. You can read the full LTA guidance here: lta-guidance-for-tennis-players—covid-19.

Leave Travel Allowance (LTA) is an actual expense based allowance provided to an employee for travelling within India during the leave period.

It is also referred to as Leave Travel Concession (LTC).

This allowance can be in form of:

1. Reimbursement of Travel Expenses,
2. Concession in Ticket Price, or
3. Free Ticket

Travel allowance policy differs from one employer to another but the tax law provides a standard rule.

In this article, we will cover the taxation of LTA, its exemption limit and many more.

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LTA- Leave Travel Allowance [u/s 10(5)]

A person can get the exemption of travel allowance received from:

1. Current Employer for travelling during the leave period, or
2. Former Employer after his retirement or termination

This allowance is limited to the actual expenditure incurred for self and family on travel within India.

For a person, an LTA exemption is available for the following family members:

1. His Spouse and children (including step and adopted), and
2. His Dependent parents, brother and sister

Further, there are various rules which need to fulfil while claiming this allowance.

LTA Rules and Exemption Limit [Rule 2B]

This allowance can be availed for 2 journeys (back and forth) in a block of 4 calendars* years.

LTA used from 1st April 2017 to 31^st March 2018 will be allowed as the deduction in the assessment year 2018-19 even if it falls under both current and next block periods.

*Calendar Year starts from January and ends in December.

Carry-over of Unused Leave Travel Allowance

If a person did not use travel allowance (LTA) once or twice during any of the specified 4 years block periods, he can still use 1 (one) unused allowance in the calendar year immediately following that block period.

In this case, the exemption so availed will not be counted for calculating 2 journeys for the next block of 4 calendar years.

Example:

Mr.Sonu, a central government employee, was entitled to avail 2 LTA during the calendar year 2014, 2015, 2016 and 2017 [Previous block of 4 yrs].

Suppose he fails to avail both LTA, then he can still use 1 (one) LTA in calendar 2018 i.e Jan 2018 to Dec 2018.

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He can still have 2 additional LTA during the calendar year 2018, 2019, 2020 and 2021. [Current Block of 4 yrs]

LTA Exemption Limit and its Calculation

LTA exemption is allowed up to the actual travel fares.

The maximum travel fare which can be claimed as the exemption is given below:

Calculation of LTA:

Mr.Raman travels to Pune through Indigo Airlines:

Airfare paid for both way flights – Rs. 12,000/-

Airfare reimbursed by the Employer- Rs.10,000/-

Air Fare for the shortest Route- Rs.8,000/- [wild guess]

Calculate the exempted and taxable LTA.

Solution:

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Exempted LTA: Rs.8,000/- [LTA exemption cannot exceed the economic Airfare for the shortest route]

Taxable LTA: Rs.2,000/- will be taxed as salary Income [10000-8000]

Note:

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1. LTA exemption is also available to foreign employees.
2. Travel bill should be saved for future reference.
3. The employee should submit those travel bill along with form 12BB
4. LTA is only for travel expenses i.e food, sightseeing, hotel or any other expenses on travel are not eligible for exemption.
5. LTA can be claimed for a maximum 2 children if born on or after 01^st October 1998. In other words, LTA can be claimed for multiple children if they are born before 01-10-1998.
6. Childs born as twin or more shall be considered as 1 child if they are born after the birth of person’s 1^st
7. International travel is not eligible for LTA exemption.

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Recommended to Read: 10 Popular Allowance for Salaried Person

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Happy Learning!