TDS 192 B

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GANANADHA P (Querist)
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01 April 2009 Dear experts,
I pay salary Basic, HRA, Medical allowance, others in payslip. but conveyance paid on voucher payment Rs.4500/- .
1.my doubt is conveyance paid Rs.800/-per month (800*12) is exemption U/S 10 (54000-9600=44400)Rs.44400/- is taxable? or not?

PF amount is Deduction U/S 80C ?

plzz urgent

GANANADHA P

GANANADHA P (Querist)
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01 April 2009 plz sir

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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01 April 2009 If conveyance amount is a part of salary then you must show it in to payslip. then it shall be treated as u hv done. Or if it is a reimbursement of expenses, then it is ok to show it on voucher only. No need to add in salary.

PF amount is deductible in 80C.

HUZAIFA HUSSAIN

HUZAIFA HUSSAIN (Expert)
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01 April 2009 I agree with mr.Tarun

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