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of <h1>Clarification on Income Tax Deduction: Conveyance Allowance Exclusion u/s 10(14) for Job-Related Expenses.</h1> The circular addresses the deduction of income tax at source from salaries, specifically focusing on the admissibility of standard deductions when employees receive conveyance allowances. It clarifies that conveyance allowances are typically considered perquisites under the Income-tax Act, 1961, and are added back to determine total income for tax deduction purposes. However, if the conveyance allowance is granted to cover expenses incurred wholly and necessarily for job duties, it may not form part of the total income under Section 10(14). In such cases, tax deduction at source may not be required, provided the necessary certification is furnished and endorsed.
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