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Conveyance allowance - Exemption under Income Tax
Conveyance allowance : How much amount is exempted? Is there any latest amendment?
Replies (3)
Sry Samir I'm not agree with you...
Conveyance allowance are exempt to the extent incurred for official purpose...
Amount received
Or
Amount spend for official purpose (lower)
Conveyance allowance are exempt to the extent incurred for official purpose...
Amount received
Or
Amount spend for official purpose (lower)
And u can say about transport allowance not Conveyance allowance...
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