Deduction u/s 10(14)

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Sandeep Modak (Querist)
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18 October 2010 Hi,
If a company is giving following allowances to its employees-
1) uniform maint allowance
2) helper allowance
3) conveyance allowance

can an employee claim tax benefit for the above allowances and if yes what documents has to be provided by the employee for the same.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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18 October 2010 1.Uniform allowance- based on production of bills to the amount exempted, balance is taxable, uniform maintaining ( purchasing, maintaining bills)

2. Helper allowance- If provided personal nature fully taxable, provided for the labour bills

3.Conveyance allowance based on the bills ( fuel, maintenance)

taxindiaconnect

taxindiaconnect (Expert)
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19 October 2010 Uniform Allowance - Agree with Ramesh.
Helper Allowance - Agreed with Ramesh.
Conveyance Allowance - Only up to Rs 800 Allowed balance taxable. Production of conveyance bill is a reimbursment not allowance.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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19 October 2010 Dear Sir

Rs.800 exemption only for Transport allowance, not for coveyance allowance

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