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Deduction Under New Tax Regime.
Respected Sir, Can I take deduction of traveling allowance, conveyance allowance, & uniform allowance in new tax regime?
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Under the New tax regime, you can claim tax exemption for the following:
Transport allowances in case of a specially-abled person.
Conveyance allowance received to meet the conveyance expenditure incurred as part of the employment.
Any compensation received to meet the cost of travel on tour or transfer.
Daily allowance received to meet the ordinary regular charges or expenditure you incur on account of absence from his regular place of duty.
Perquisites for official purposes which includes uniform expenditure.
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