25 July 2016
Dear Experts,
my employer is giving Rs. 1500 PM conveyance allowance but my actual conveyance expenses is 900 PM please tell me how deduction can i claim weather full 1500 PM or only 900 PM
Regard
Puneet jain
25 July 2016
Conveyance expenses exempt maximum RS.1600 PM or to the extent of Conveyance allowance which ever is less, in your case you can claim Rs.1500 PM no need to calculate actual Conveyance take benefit upto the allowance.
CAclubindia
