Chartered Accountant
132 Points
Joined April 2011
House Rent Reimbursement and conveyance reimbursement will be treated as a part of your Income under your head Income from Salary.
Part A- House Rent Reimbursement can be treated as allowance u/s 10(13A) assuming you are staying in the house for which rent is being paid and exemption can be claimed based on the limits as per sec 10(13A)
Part B- Assuming that reimbursement for travel is provided to you on your commute between work place and house, it can be claimed as an exemption u/s 10(14),19200 rupees per annum can be claimed as an expenditure.