Transport allowance
This query is : Resolved
14 January 2008
A person is an employee in 3 company and is in receipt of transport allowance of Rs 800/- per month from each company.In this case can he claim exemtion of Rs 800/- from each of such company.
15 January 2008
No he can't. The ceiling is with reference to the total conveyance allowance.
15 January 2008
transport allowance granted to an emloyee to meet his expenditure for the purpose of commuting between the place of his residence and place of his duty to the extend of rs 800/-per month are exempted u/s10(14) of the i tax act so remaining two transport exp are taxable
15 January 2008
Nope he cant can claim a max of 800 p.m. in total in whichever way possible but a max of 800 p.m.
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