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of <h1>Tax Exemption on Conveyance Allowance for Development Officers Confirmed u/s 10(14) of Income-tax Act.</h1> The Board has addressed the taxability of additional conveyance allowance for Development Officers of a corporation under Section 10(14) of the Income-tax Act, 1961. Following a representation from the corporation, it has established an internal system to verify expenses incurred by each officer, considering factors like performance, vehicle type, and operational area. The corporation will now include a certificate in the salary statement confirming that the allowance is specifically for duties and has been spent accordingly. Consequently, the exemption under Section 10(14) will be granted if the salary certificate includes this certification. Officers should be informed of this instruction.
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