Conveyance allowance tax treatment: TDS may be avoided if allowance is bona fide reimbursement under section 10(14) with certificate. Conveyance allowance is ordinarily treated as a perquisite and added back for TDS computation, restricting the standard deduction; however, if the disbursing authority is satisfied that the allowance is a reimbursement of expenses wholly, necessarily and exclusively incurred in performance of duties and certifies this, TDS need not be deducted, subject to later scrutiny by the assessing officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Conveyance allowance tax treatment: TDS may be avoided if allowance is bona fide reimbursement under section 10(14) with certificate.
Conveyance allowance is ordinarily treated as a perquisite and added back for TDS computation, restricting the standard deduction; however, if the disbursing authority is satisfied that the allowance is a reimbursement of expenses wholly, necessarily and exclusively incurred in performance of duties and certifies this, TDS need not be deducted, subject to later scrutiny by the assessing officer.
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