Relation between Lie derivative and covariant derivative

Better explanation in this video made by myself.

In both cases we want to understand the derivatives as the velocity of curves in the same finite dimensional vector space . But the approach is different:

TpT^p+(LVT)p

when we go from a point p to a near point p, being T^p "what Tp should be", i.e., the pushforward of Tp by means of the flow of V. See Lie derivative of vector fields#Personal interpretation.
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TpT~p+(VT)p

when we go from a point p to a near point p. The expression T~p means what Tp should be, i.e., the parallel transport (which depends on the geometry) of Tp along V.
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Finally, since the torsion of a connection is the fail to close a parallelogram made of parallel transported vectors, we have the following computational relation between covariant derivatives and Lie derivatives:

LVT=VTTVT(V,T)

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Also, most connections are torsion free, and in those cases we have:

LVT=[V,T]=VTTV

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