SURAJ MENDON (ACCOUNTANT CUM TAX ASSISTANT) (31 Points)
13 December 2012
CA Manish
(Job)
(5264 Points)
Replied 13 December 2012
Amount Exempted.
A) Journey performed by Air
amount exempted:Economy Air fair of National carrier by the shortest route or the amount spent which ever is less.
B) Journey performed by Rail
Amount exempted: A.C. first class rail fare by shortest route.or amount spent which ever is less.
C) Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.
Amount exempted :A.C. first class rail fare by shortest route.or amount spent which ever is less.
D) Place of origin& destination not connected by rail(partly/fully) but connected by other recognised Public transport system.
Amount exempted:First class or deluxe class fare by shortest route or amount spent which ever is less.
E) Place of origin& destination not connected by rail(partly/fully) and not connected by other recognised Public transport system also.
Amount exempted:AC first class rail fare by shortest route (as the journey had been performerd by rail) or the amount actually spent ,which ever is less.
Akanksha Jain
(Article)
(690 Points)
Replied 13 December 2012
| Originally posted by : CA Manish Malu | ||
 |
Amount Exempted. A) Journey performed by Air amount exempted:Economy Air fair of National carrier by the shortest route or the amount spent which ever is less. B) Journey performed by Rail Amount exempted: A.C. first class rail fare by shortest route.or amount spent which ever is less. C) Place of origin and destination place of journey connected by rail but journey performed by other mode of transport. Amount exempted :A.C. first class rail fare by shortest route.or amount spent which ever is less. D) Place of origin& destination not connected by rail(partly/fully) but connected by other recognised Public transport system. Amount exempted:First class or deluxe class fare by shortest route or amount spent which ever is less. E) Place of origin& destination not connected by rail(partly/fully) and not connected by other recognised Public transport system also. Amount exempted:AC first class rail fare by shortest route (as the journey had been performerd by rail) or the amount actually spent ,which ever is less. |
 |
Place of origin and destination place of journey connected by rail but journey performed by other mode of transport.: Fare of that mode of transport or amount spent whichever is less.
CA rahul
(BCOM(H) ACA)
(725 Points)
Replied 13 December 2012
where the place of origin of journey and destination are connected by rail an journey is performed by any other mode of transport , amount exempted will be
1.amount of 1St class AC fare ( By shortest route)
or
amount spent whichever is less.
CAclubindia
