Can i claim petrol allowance as an exemption

Tax planning 589 views 1 replies

Hi friends

Please tell me that can i claim petrol ALLOWANCE as an exemption under SALARY headfrom incometax..Is there any fixed amount of exemption. if yes please give me any reference.

I had already claimed conveyance exemption, i want to claim one more exeption in my salary structue. Can u please help me to provide list of fixed exemption i can claim form the incom tax

 

Thank you

Replies (1)
Hi santosh , if your company gives you a conveyance allowance then you can claim rs 800 per month as deduction.in your case request your employer to change the nomenclature of petrol allowance to conveyance allowance .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details