I have received Conveyance Reimbursement of ₹64,000 and Uniform Allowance of ₹41,881. Can I claim these in my ITR under the following sections as not taxiable imcome ?
Uniform Allowance → Section 10(14)(i)
Conveyance Allowance/Reimbursement (if eligible) → Section 10(14)(ii)
someone told that can claim full amount as i have used this in. my factory
Yes, you can claim the reimbursement amount, if you have its proof...
Thank you, Dhiraj Sir.
I came across an article online that mentioned Conveyance Allowance exemption of up to ₹1,600 per month. That left me a bit confused—should I claim it as ₹1,600 × 12, or the full ₹64,000 that I have received in my ITR?
There is difference between conveyance allowance & conveyance reimbursement.
Conveyance allowance has been done away with after introduction of standard deduction.
You have been reimbursed the actual conveyance expenses which you would have incurred for your duty, These can be claimed to the extent they are actually expended.
Thank very much ,
Dhiraj Sir. In my ITR, Conveyance Reimbursement is shown as ₹64,000, and I am claiming the full amount since I have already submitted all the bills to the company. Please correct me if my understanding is wrong.”
Not wrong. You can claim the reimbursement in ITR.
CAclubindia
