What to do when Full LTA amount not exempted by employer for income tax ?

POSTED BY nsabhyankar ON July 27, 2014 1:52 am NO COMMENTS

I had submitted LTA bills to my employer. However, the full amount was not considered for tax benefit. Part of the LTA is showing as taxable. What can I do now? Can I deduct entire LTA while entering taxable income in the ITR?

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