Tax on conveyance allowance received
Querist : Anonymous
My relative received his conveyance allowance pending since 2001.The total allowance per month was Rs.100.Now he received allowance for 156 months i.e Rs.15600.00.
Will it be taxable? Kindly clear my doubt.
Thanks in advance
Regards
Lokender Sadana
Querist : Anonymous
Kindly clear one more doubt Rs. 15600/- includes the amount of conveyance allowance for the year 2001 to 2014 i.e. arrear income. Will this arrear income be taxable this year or we can exempt it as conveyance allowance??
Regards
Querist : Anonymous
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