Universal, Upholstery Vinyl is suitable for Residential, Hospitality, Medical, and Automotive applications. *Fabric dye lots may vary but are within industry standards. We cannot guarantee an exact match.
That is why some Citibank customers have been receiving 1099-MISC statements. They signed up for a bank account and as part of the marketing to get new customers to sign up they were given 25,000 to 30,000 airline miles. Since these miles are considered a gift and not a reward, they are deemed as taxable income.
You can receive LTA as either reimbursement or allowance. In case of LTA as reimbursement, it is not taxable. Let's say your company offers an LTA of Rs 50,000. For proof of travel, you produce an airticket of Rs 10,000. In such a case, you can claim only Rs 10,000 as LTA and it will be exempt from tax.