A Salaried employee gets Coneyance allowance or Transport Allowance or Fuel reimbursement of Rs. 5,000 per month or Rs. 60,000 per annum. How much of the allowance is Taxable in both the Income Tax Regimes.
Ravindranath A (SWO) (35 Points)
28 September 2024A Salaried employee gets Coneyance allowance or Transport Allowance or Fuel reimbursement of Rs. 5,000 per month or Rs. 60,000 per annum. How much of the allowance is Taxable in both the Income Tax Regimes.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5099 Points)
Replied 28 September 2024
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