23 February 2011
sir please explain me the exact and conceptual difference b/w transport/transfer allowance,conveyance allowance and daily allowance granted to an employee u/s 10(14)
23 February 2011
Transport allowance is for taking care of employee's things. Transfer allowance is the one for employees who are in transfer from one place to another place of employment in the same company. Daily allowance is for those employees who always in roaming for the business of the company. Conveyance for all the employee to and fro between the place of living and the place of employment.
CAclubindia
