Travel Allowance
Ravindran Kotiath (13 Points)
21 December 2018
For salaried persons , whether the travel allowance to be taken as income to calculate taxable income?
2 Replies
MOHAMMED IMRAN
(1020 Points)
Replied 21 December 2018
travelling allowance
exempted u/s 10(14)(i)
any allowance granted to meet the cost of travel on tour or on transfer - includes any amount paid in connection with the Transfer , packing and transportation of personal effects on such transfer is exempted upto actual expenditure
exempted u/s 10(14)(i)
any allowance granted to meet the cost of travel on tour or on transfer - includes any amount paid in connection with the Transfer , packing and transportation of personal effects on such transfer is exempted upto actual expenditure
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