DEDUCTION FOR CONVEYANCE

Tax planning 782 views 2 replies

What is the deduction allow for Conveyance for the Salary earner person? It was Rs 800/- pm in last year, but now it has been revised, but I not confirmed the amount.

Pl. answer.

Sudhir

 

 

Replies (2)

it is called transportaion allowance, it is still 800/- p.m. i.e. 9600/- per year exempt from tax.

 

:-)

Thanks

I think increase in transport allownce has proposed, but not yet passedS


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