Conveyance allowance - Exemption under Income Tax
Hari Mundayur (CA IPCC) (184 Points)
20 May 2017
Conveyance allowance : How much amount is exempted? Is there any latest amendment?
3 Replies
dipanshu maheshwari
(11 Points)
Replied 20 May 2017
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)
dipanshu maheshwari
(11 Points)
Replied 20 May 2017
And u can say about transport allowance not Conveyance allowance...
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