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Medical allowance & conveyance

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(Querist)
16 April 2013 Please suggest . I am getting Rs 600/- towrads medical allowance and Rs 300/- towrads conveyance in my monthly salary . So can i geting exemption in medical allowance and conveyance for calculation of tax payable for my salary
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
31 July 2013 Conveyance allowance up to Rs.800 is exempted per month

Fixed medical allowance is fully taxable

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