If an employee is getting CAB Facility from his employer then, is he allowed to take Deduction for Transport Allowance u/s 10(14)c of Income Tax Act.........
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Sec. 10(14)
Replies (3)
i dont think so...if he is not getting something in monetary terms , he cant claim an exemption..
| Originally posted by : Sunshine... | ||
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i dont think so...if he is not getting something in monetary terms , he cant claim an exemption.. |
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agreed
As per my knowledge, he can claim so.
but he can't take any transport allowanace at the same time.
he can claim one.
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