27 March 2010
Dear sir, I want to know that A Director can claim Transport Allowance from all those company in which he is a director. Is he can enjoy the benefit of the same under section 10 (14) of the I.T Act, 1961?
28 March 2010
A Director employee also covered for claiming exemption for allowance u/s.10(14),so obviously he can claim the transport allowance exemption Rs.800 p.m
CAclubindia
