Taxability of Conveyance Allowance

dear ashish

conveyance allowance is exempt subject to expenditure.amount received and expenses whichever is low is exempt u/s 10(14) and the other thing is car facility. if it is provided for home to office then it is tax free otherwise taxable.allowance and facility are different things and separate treatment.

regards

tarun rustagi

Agree with Tarun..Irrespective of other provisions , an employee is given exemption for conveyance at 800 pm.

dear suri 800 p.m exemption is for transport allowance and not for conveyance allowance. conveyance allowance is exempt subject to expenditure. both are covered by sec. 10(14) with different treatment.