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Conveyence reimbursement

Nitin Sewal (Audit Assistant) (69 Points)

10 February 2017

How to Claim Conveyence Reimbursement from Company for Home to office & Office to Home, which is exempt from Income tax. Is there any format framed or policy framed for conveyence reimbursement.

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178065 Points)
Replied 13 February 2017

Conveyance allowance is given an exemption of up to Rs.19,200 per annum or Rs.1,600 per month. The sections under which this exemption is applicable are Section 10(14)(ii) of Income Tax Act and Rule 2BB.

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Nitin Sewal (Audit Assistant) (69 Points)
Replied 13 February 2017

Thanks for reply. I am asking about Conveyence reimbursement, not for allowances. Please give your feedback on Conveyence Reimbursement that how to claim it from company. Since i have spent 5000 p.m. conveyence from home to office and vice versa, whereas conveyence allowance is exempt only 1600 p.m.