Driver Allowance & Petrol Allowance

This query is : Resolved 
 

(Querist) 23 February 2008

Is Driver Allowance & Petrol Allowance provided by the employer to employye is dedutable U/s 10(14)from Salary


CA Hemant T Dewani (Expert) 23 February 2008

drivers allownce and petrol allownce are taxable in your hand.when transport allownce given to you then rs.800/-per month is allowed us.10(14)

CA Saurabh Maheshwari (Expert) 23 February 2008

DRIVER AND PETROL EXPENSES ARE TAXABLE. TRANSPORT ALLOWANCE UPTO RS.800/- PER MONTH IS ALLOWABLE.



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