CA. SUJAL MEHTA (Service) (3316 Points)
12 June 2013
Can a employee claim conveyance allowance of Rs.9600 p.a. exempt if it is mentioned in salary certificate? Pls. explain how to get benefit of Conveyance allowance of Rs. 9600/- from tax exemption.
Tanay Choksi
(Student)
(112 Points)
Replied 12 June 2013
Respected Sir,
So Gross Salary as say Rs 100000/- and then Show Rs 9600/- as deduction Us 10.
Regards,
Tanay Choksi
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
