Leave Travel Allowance (LTA / LTC) Tax Exemption Calculator (Section 10(5))

Calculate Section 10(5) LTA tax exemptions for domestic economy airfare and AC train travel with family under the Old Tax Regime.

Interactive Leave Travel Allowance (LTA / LTC) Tax Exemption Calculator (Section 10(5))
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Formula & Calculation Methodology

LTA Exemption = Minimum of (Actual Economy Air/AC Train Fare Incurred, LTA in Salary Component).

Step-by-Step Worked Example

Domestic Airfare for family: ₹60,000 (Salary LTA: ₹75,000)

  1. Actual Ticket Cost: ₹60,000
  2. Tax Exemption Allowed: ₹60,000
Result: Tax Saved at 30% Slab: ₹18,720 (Zero tax on ₹60,000 travel fare)

Frequently Asked Questions

Are hotel and food expenses covered under LTA?

No, Section 10(5) strictly covers only actual transportation travel fare (airfare, train, bus).

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