Conveyance

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veerabhadra

Finance Executive

26 Points Posted on 19 July 2012

Dear Sir,

I had forogot to claim the conveyance, while doing my salary plan last year & hence, this is being given under personal pay. Even, it is not reflecting in my salary slip. So, I have not got this deduction in my form 16. Can you please let me know, can I consider this (conveyance), as deduction & get tax benifit under u/s 10?. If yes, what figures I should consider in return filing? Can I deduct the amount of conveyance from form 16 amount (From the amount shown under Income chargable under the head salaries)?

If I consider the amount of Form 16-conveyance amount, will this become rule violation?

Please reply to my query.

Thanks & Regards,

Veerabhadra B H

Replies (3)

Parihar Gopal

Corporate Taxation

392 Points Posted on 19 July 2012

u can not get the benefit of conveyance Allowance u/s 10 which is Rs 9600 & Rs 19200 ( in case of handicap) because it is not received in form of Conveyance allowance if ur employer can give bifirgation of ur personal pay and give u certificate of the same than ur are able to get exemption.

veerabhadra

Finance Executive

26 Points Posted on 19 July 2012

Hi Parihar Gopal,

Thanks for the reply. But, my question is, which amount I should show in Sch 1 (Form ITR1) under the head "Income from Salary"? The one which is shown in my Form 16 or the amount after deducting the conveyance amount? As, I have a refund amount to collect, if I shown the amount as per my Form 16, then I won't get the refund & If I show the deduct the conveyance amount, against Form 16 amount, then I am getting the error, amount on sch 1 & TDS are not matching. So, please help me, how to tackle this.

Also, let me know, can I get the HRA allowance, if it is not shown in Form 16. (This is for my friend)

Thanks & Regards,

Veerabhadra B H

Parihar Gopal

Corporate Taxation

392 Points Posted on 20 July 2012

Sir,

your fist question answer is please show your form 16 amount both sheet first in

Income from Salary / Pension (Ensure to fill Sch TDS1)-

- ur adjusted income - as per per Form 16 ( eg . ur salary income in form 16 is Rs 1909600

u have claim Rs 9600 as covance allowance

than ur adjusted income is Rs .1900000. for both shedule purpose

2- Details of Tax Deducted at Source from SALARY
[As per FORM 16 issued by Employer(s)]-

in above both sechdule Salary Means Same amount which u have shown first

ur Second Question answer is

if ur Friend is getting HRA also Showing in salary slip but in form 16 have been clubed with some other allowance

than he can get exemption -

in generel if any employee not geting any paticular Exempted allowance in that case he can not asume it from there special allowance & Special Pay & General Allowance