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Conveyance Allowance is taxable or exempted

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27 March 2024 I am working in a Logistic company, where we have all types of vehicles for transportation of people and material with an agreement with private vehicle owners. Like Uber, Ola, Rapido, etc.
The company gives a credit of Rs 2000/- per month to me. We can use our company vehicles like Motorbyke, Car, Tempo etc to the extent of Rs 2000/-. In case, if we don't use fully, the left-out credit will be lapsed and next month again a transport worth of Rs 2000/- will be credited. So the amount will not be carried forward.

Whether this facility is taxable or not.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 May 2024 If the facility is used for the conveyance during your duty/service, it will be tax free.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
08 September 2024 Good Luck.
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