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ITR UNDER EXPENSES
if anyone claiming petrol expenses and hi claim convenience expenses in ITR
Replies (4)
I think this is given as a allowance in your salary gross payment. It's named as conveyance allowance.
My petrol expenses is more than 20000 can I and office conveyance is between 4k to 5k
Section 10 (14-2) it act 2bb allows 1600 pm or 19200 per annum. Isn't that sufficing your expenses.
Petrol expenses cannot be claimed only in case specific class of employees.
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