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Driver Allowance & Petrol Allowance (Income Tax)

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This query is : Resolved



( Author )
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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