29 December 2009
An employee is getting a)Transport Allowance of Rs. 800 b)Reimbursement of Rs. 5000 towards running and maintenance of motor car owned by the employee used for partly official and party personl purposes
Will he get both the following exemption or only one of them? a) Transport Allowance - Fully exempted b) Car Perks (without chauffer) - Exemption upto Rs. 1800
30 December 2009
Generally if one person claiming the conveyance allowance,the motor car maintenance perks not come. but in the income tax there is no specific provision regarding this
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