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Exemption of conveyance allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2014 Experts,

Conveyance allowance is exempt Rs.800 p.m.

My question is, if an employee resigns in mid of any month and join another compnay,

Example: he resign from A ltd. on 15th june and join B ltd. on 16th june and receives conveyance allowance Rs. 1000 p.m. in both companies, what will be the exemption for june month, Rs. 800 only or Rs.1600 ??


Thanks

25 July 2014 It will be Rs 800 only. It can not be more than Rs 800 p.m..



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