Transport Allowance

Dear Sir,

We are Autonomus GOI Office. For commuting to office we have two type reimbursement.

1. Transport Allowance

2. Conveyance Reimburesement.

For Transport Allowance as per Finance Dept they say any amount Greater than 800 p.m. is taxable.

In case conveyance Reimburesement the pertrol allowance what we get is not taxable completely.

they say there is no perquisite as the employee gives certificate that he/she has spent the amount for commuting  to office and residence.

I request you to clarify on this regard

Ganesh

 

Replies (1)
Originally posted by :Siva
" Dear Sir,
We are Autonomus GOI Office. For commuting to office we have two type reimbursement.
1. Transport Allowance
2. Conveyance Reimburesement.
For Transport Allowance as per Finance Dept they say any amount Greater than 800 p.m. is taxable.
In case conveyance Reimburesement the pertrol allowance what we get is not taxable completely.
they say there is no perquisite as the employee gives certificate that he/she has spent the amount for commuting  to office and residence.
I request you to clarify on this regard
Ganesh
 
"

Dear Sir,
 

This would be correct to say that the above said conveyance reimbusement is not a perquisite.Since the employee has produced the bills there off the said reimbusement should not be included in the employees Gross total income for the computaion of income tax.

However the employer would be liable to pay the FBT on the said reimbusement.

Thanks!!!

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details