What is the deduction allow for Conveyance for the Salary earner person? It was Rs 800/- pm in last year, but now it has been revised, but I not confirmed the amount.
Pl. answer.
Sudhir
PRAVEEN KUMAR
(MBA (Finance) B.Com.(P))
(3443 Points)
Replied 02 November 2009
it is called transportaion allowance, it is still 800/- p.m. i.e. 9600/- per year exempt from tax.
:-)
Sudhir
(Manager)
(44 Points)
Replied 03 November 2009
Thanks
I think increase in transport allownce has proposed, but not yet passedS
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