Poonawalla fincorp
Poonawalla fincorp

Claiming maximum benefit of conveyance allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2014 I am a salaried employee, receiving Rs. 6000/- per month as conveyance allowance. How can i claim maximum benefit of it. I have my own vehicle, Company has not provided me any vehicle.
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Ganeshbabu K

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Ganeshbabu K (Expert)
15 July 2014 Conveyance is exempt for rs.800 for month
.
.
excess paid if in will be taxable in the hand of employee
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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2014 No this is for transport allowance. Rs. 800 for to and fro upto office. Pls check section 10 and rules
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