CA Day celebration 2024 Easy Office
LCI Learning

Commerce

This query is : Resolved 

12 March 2013 i am paying rs 800 as conveyance allowance to my staff. can i give rs 2500 as petrol,mobile expenses,etc in travalling and conveyance expenses

12 March 2013 Conveyance allowance/transport allowance up to 800 per month is exempted from tax.

Mobile expenses reimbursed by employer on behalf of employees is also exempt from tax.

Conveyance allowance granted over 800 per month would be exempted only in case same has been utilized wholly for official job/duties.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query