Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Exemption for Conveyance Allowance for Salaried Personnel

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Exemption for Conveyance Allowance for Salaried Personnel
Query (Issue) Started By: - Lancy Menezes Dated:- 18-2-2015 Last Reply Date:- 20-2-2015 Income Tax
Got 1 Reply
Income Tax
I joine .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d an organization on 01 June 2014. Now, for F.Y 2014-2015, the conveyance allowance in the amount of ₹ 9,600/- annually is tax exempted. Is this applicable to me too OR I can claim tax exemption .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... for conveyance allowance in the amount of ₹ 8,000/- i.e. 10 months of employment June 2014 to March 2015. Please advise. Reply By MUKUND THAKKAR: The Reply: you can claim exemption if your c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... urrent organization paying you under the head of conveyance allowance. in other option file return and take refund producing the petrol bills. as per my view.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates