conveynace limit for salary peopel

This query is : Resolved 

30 May 2009 what is limit of conveyance per day we can give to employee and allowable under income tax act. so i can feel up the form no 16

30 May 2009 If conveyance paid on actual basis then there is no limit but if conveyance paid on fixed amount basis then it will be taxable as per income tax act


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