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Conveyance allowance - Exemption under Income Tax

Tax queries 251 views 3 replies
Conveyance allowance : How much amount is exempted? Is there any latest amendment?
Replies (3)

for salary refer to 10(14)(i)

Sry Samir I'm not agree with you...
Conveyance allowance are exempt to the extent incurred for official purpose...

Amount received
Or
Amount spend for official purpose (lower)
And u can say about transport allowance not Conveyance allowance...


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