Salary & conveyance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 September 2013
SIR
I AM GETTING 20000/- AS SALARY IN HAND CASH (GROSS & NET SAME ) + RS 3000/- AS CONVEYANCE , NOW PLEASE EXPLAIN ME CONVEYANCE WILL BE CONSIDERED IN MY SALARY OR NOT, I AM A FIELD EXECUTIVE.
THANKS
MUKESH KUMAR
I AM GETTING 20000/- AS SALARY IN HAND CASH (GROSS & NET SAME ) + RS 3000/- AS CONVEYANCE , NOW PLEASE EXPLAIN ME CONVEYANCE WILL BE CONSIDERED IN MY SALARY OR NOT, I AM A FIELD EXECUTIVE.
THANKS
MUKESH KUMAR
12 September 2013
Mukesh,
If the conveyance you are getting as an allowance then it is a part of your salary. However if it is a reimbursement then it will not form part of your salary hence not taxable in income tax.
If the conveyance you are getting as an allowance then it is a part of your salary. However if it is a reimbursement then it will not form part of your salary hence not taxable in income tax.
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