30 October 2015
Dear Experts, Company is providing conveyance allowances rs. 1500, telephone allowance rs. 1000, daily allowance 600 pm, however no supporting are given by employee in respect of these allowances, plz clarify my doubt. Weather all these three allowance will be taxable or not u/s 10(14) if No supporting us provided,
30 October 2015
Conveyance allowance is exempt upto Rs. 800 per month. You need not insist for bills. A self declaration by the employee should be sufficient.
For telephone allowance and daily allowance, there is no any specific exemption under section 10(14)
Querist :
Anonymous
Querist :
Anonymous
(Querist)
30 October 2015
Sir, plz confirm, should i deduct TDS on telephone allowance and on daily allowances or not