ITR UNDER EXPENSES

Shiva Dubey (166 Points)

29 February 2024

if anyone claiming petrol expenses and hi claim convenience expenses in ITR

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4 Replies

Yasaswi Gomes new (Finance ) (4545 Points)
Replied 29 February 2024

I think this is given as a allowance in your salary gross payment. It's named as conveyance allowance.

Shiva Dubey (166 Points)
Replied 29 February 2024

My petrol expenses is more than 20000 can I and office conveyance is between 4k to 5k

Yasaswi Gomes new (Finance ) (4545 Points)
Replied 29 February 2024

Section 10 (14-2) it act 2bb allows 1600 pm or 19200 per annum. Isn't that sufficing your expenses.

sabyasachi mukherjee (27736 Points)
Replied 01 March 2024

Petrol expenses cannot be claimed only in case specific class of employees.

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