IRT section to claim fuel + driver salary+ insurance premium on company leased car (old tax regime)


This query is : Resolved 

Quick Summary
A taxpayer is seeking to claim expenses related to their company-leased car, including fuel, driver's salary, and insurance, through their Income Tax Return (ITR) under the old tax regime. They missed submitting bills for reimbursements, leading to the amount being added to their taxable income. The discussion aims to identify the relevant section under the Income Tax Act for claiming these expenses.

17 June 2025 I have taken company car on lease, and it is on company name. My company does gives me reimburse Rs 20000 /- for maintenances of car but I forget to submit the bills (Fuel, driver salary & insurances paid by me) by end of year, thus company made whole 9 months reimburse amount (rs 180000/-) in taxable income as unclaimed reimbursements. Is there a way I can claim it via ITR ? if yes, under what section ?
Thank in advance..

17 June 2025 According to Section 10(14)(ii) of the Income Tax Act and Rule 2BB of the Income Tax Rules, salaried individuals can claim conveyance allowance that is exempted up to the actual expenditure incurred for the official purpose or the entire allowance whichever is less will be exempted.

17 June 2025 Thank you !! It helped me and resolved the issue..

17 June 2025 You are welcome...
...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details