Hi Uma,
If you do not submit bills, your employer may or may not grant you the tax exemption.Yes, dependent parents are eligible for LTA. I found similar LTA FAQ's answered in this article - Top 10 Leave Travel Allowance (LTA) Exemption FAQ
From India, Hyderabad
If you do not submit bills, your employer may or may not grant you the tax exemption.Yes, dependent parents are eligible for LTA. I found similar LTA FAQ's answered in this article - Top 10 Leave Travel Allowance (LTA) Exemption FAQ
From India, Hyderabad
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LTA (REDIFF).doc