Conveyance allownace
This query is : Resolved
Anil Kumar Kedia
(Querist)
04 July 2008
I want to know the followings : If i am woring as en employee in two concerns and getting conveyance allowance from both the employers , So i want to know that can the convyenace allowance from both the employers is exempted upto Rs. 800 X 2 = 1600.00 .
Please advise,
Thanks
Please advise,
Thanks
S.Srinivasaraghavan
(Expert)
04 July 2008
No. The exemption is assessee based not employer based.
SHIVAM GROVER
(Expert)
04 July 2008
no it is only exempted up to rs 800
04 July 2008
I agree with both experts.
04 July 2008
Yes. I am also fully agree with the experts. The assessee will get exemption only upto Rs. 800 per month. if the conveyance allowance of the assessee from the 2 employers is less than or equal to rs. 800 then his allowance is fully exempted.
CA Rajesh S
(Expert)
04 July 2008
it's 800/- per month per employee not per employer!!
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