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Difference between conveyance and travelling exp.

Others 22012 views 24 replies
As you know it's normal practices to present combined in to the Financial statements of the company.sometime it's happen that FS like google/MS may have CON+Travelling expenses exceeding to net worth of small Indian listed co's.Discuss something Higher level.
All of You have to play very Big roles in year ahead.
Ya, its true
Conveyance is for local & small distance movement. whiletravel is long distance jorney.

sir

what is the diffrence between conveyance & travelling expesnses

 

Originally posted by :RAVIKUMAR R. C.
" Dear all,
Please  let me know the exact difference between conveyance and travelling expenses
"


 

pleasesend the economis topics pages to my mail with free of cost..

 

Conveyance expenses are those expesnes which are incurred by travelling in your city and the travelling expenses are those expenses which are incurred by you outside your city .

Originally posted by : RAVIKUMAR R. C.
Dear all,
Please  let me know the exact difference between conveyance and travelling expenses

conveyence is component of salary and payable monthly, for movement of employee from home to the place where from he start the empoyment duty.

travelling is the charges the employer pays for travelling from his workplace to the additional places for performing the work. 

 

example 

 

an advocate has his office in main city and its have motorable distance from civil court/ high court/ registrar

advocate employee few clerks / juniors to help him in working. ( now advocate is to be termed as employer and clerks/ juniors are employees)

employer pays Rs. 600/- per month to each employee as convence.

employer pays Rs 50/- per visit to high court, rs 40 per visit to civil court, 30/- per visit to registrar as travelling

600 is fixed component where the employee uses the sum to reach the office, 

afterwards he visit to additional places of work apart from office, which is incidental and he gets travelling expenses on incidental basis. 

conveyance within city and travelling outside city.

 


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