I Believe:
The world is moving very fast, leaving millions of footsteps behind. Each footstep is a trench of knowledge. Get a few handfuls from each trench of knowledge and you will have wisdom. Now mould this wisdom; and you will witness Power.
Who I am:
‘Who I am’ is a function of ‘what I do’. So I am a software engineer, a technical architect, an (anything except man) ‘eater’ , an amateur Photographer, a Technology Enthusiast, a Personal Finance consultant, a Traveler, and A Blogger.
My Blog:
My blog is a pile of mud, accumulated from various ‘walks’ of life. I know you all run many marathons each day and I, again a function of what, try to ease your race with some handy information.
Here, you will find information on money and its management, tourist destinations and their plans, technology and its use, food and its source and answers to all your questions. Even if you are not looking for anything particular, visit pankajbatra.com and you will find a lot of information to make your life easier and smoother… all this with a handful of mud from my bag!
Read THISCLAIMER:
This blog is not a creative shop to satiate my creative lust on you. This is purely a knowledge sharing & networking arena. To understand the essence, see my logo on top!
My Wishlist:
Tata Safari 4WD
Lands I’ve been to:
International: Los Angeles, Las Vegas, Hollywood, San Fransisco, Death Valley, Tahoe (USA); Bali (Indonesia); Mauritius; Langkawi, KualaLumpur, Genting (Malaysia); Singapore; Hong-Kong; Star Cruise Super-Star Virgo.
India: Jaipur, Goa, Hyderabad, Nainital, Chail, Ladakh, Shimla
Lands waiting for me:
International: Thailand (Pattaya, Bangkok, Phuket, Phi-Phi, Koh samui); Maldives; Srilanka; Australia; New Zealand; Dubai, Switzerland, France, Egypt, Italy, South Africa, Brazil, USA (New York, Florida, Hawaii).
India: Andaman, Kerala (Munnar, Thekkady, Periyar, Kovalam, Kollam, Kochi, Alleppey), North-East India, Valley of flowers, Lahual and Spiti Valley, Chandratal, Ooty, Coonoor, Mysore, Kodaikanal, Kufri, Dharamshala, Mcleodganj, Palampur, Kullu, Manali, Solang Valley, Rohtang, Dalhousie, Khajjiar, Chamba, Jodhpur, Udaipur, Chittorgarh, Jaisalmer, Bikaner, Mount Abu, Ranthambore, Pushkar, Haridwar, Rishikesh Rafting, Dehradun, Mussorie, Srinagar, Gulmarg, Sonmarg, Pahalgam, Pachmarhi, Khajuraho, Corbett, Ranikhet, Almora, khajjiar, Kinnaur, Lansdowne, Nahan, Amritsar, Agra.
Disclaimer:
On Posts: This is a personal weblog not representing intentions/thoughts/plans/strategies or frustration of my employer. Areas like Finance/Income Tax and photography are not my profession. I maintain my website, write articles and reply to your questions as my keen hobby to share information.
On Comments: Any view or opinion represented in the blog comments is personal & accredited to the respective commenter/visitor. Blogger reserves the right to moderate the comments’ suitability to respect racial, religious and political sensitivities, and to protect the rights of each commenter where available. Everything the commenter says in explicitly or expressed in defamatory statements is bound to sedition laws from the commenter country of origin, and may be used against the said commenter.
- Pankaj Batra on Google+.
Your belief on trio knowledge-wisdom-power is really inspiring. I would like to know how do you manage your time on travel.:)
@Sai
One just need to take time out to clear information overflow in brain. A good 6-7 days holiday can revive you.
Thats true
Hello Pankaj,
The company which i work won’t give exemption on LTA and the HR had clearly mentioned that “The employee has to claim LTA at the time of filing the IT Returns”. Could you please let me know how can i avail this LTA at the time of filing IT return, Because a later stage i’m expecting while filing, there will be differences in figures of Form 16 and i enter in the ITR1 form.. Awaiting your response.
Thanks
Girish
@Girish
LTA exemption is employer provided exemption only and employer has to process same on basis of travel claim by employee.
I am not sure why employer has such irrelevant policy.
There may definitely be issues later due to mismatch in form-16 and ITR data.
Hello Pankaj,
Thanks for the information.
Could you please share me the details or fields where I need to key-in these LTA details in ITR -1 form at the time of efiling– Request your help..
Thanks for being kind.
Girish.r.r
@Girish
ITR form does not have any fields to claim LTA exemption.
This exemption is done by employer and cannot be claimed in ITR.
If employer did not provided same, you can reduce taxable income (as mentioned in Form-16 issued by employer) by LTA exemption amount and file return.
1. The I.T. Calculator for A.Y.2013-14 may be prepared in such a way that the calculation of exemption for H.R.A. those who has worked for 5 months in Metro City and 7 months in Non-Metro city.
2. Provisions to be made in columns for inclusion of names
@Gnanaprakasam
Thanks for your input. We would definitely add these features in next version of calculator.