Can a employee claim conveyance allowance of Rs.9600 p.a. exempt if it is mentioned in salary certificate? Pls. explain how to get benefit of Conveyance allowance of Rs. 9600/- from tax exemption.
Can a employee claim conveyance allowance of Rs.9600 p.a. exempt if it is mentioned in salary certificate? Pls. explain how to get benefit of Conveyance allowance of Rs. 9600/- from tax exemption.
Respected Sir,
So Gross Salary as say Rs 100000/- and then Show Rs 9600/- as deduction Us 10.
Regards,
Tanay Choksi
CAclubindia
