Conveyance allowance

[Sangeetha D]

If a taxpayer received conveyance allowance. First the Conveyance allowance is added to the salary and we can take exempt up to the spend Amount. In Form16-part B under Section 10(14) no exempt amount was mentioned. While filing Income tax can i take this Exemption.

 

AI Summary

Conveyance allowance exemption may be claimed for actual official travel expenses even if Form 16 shows no exemption.
An allowance specifically granted for official duties is exempt under Section 10(14)(i) read with Rule 2BB to the extent of actual expenditure incurred; absence of an exemption in Form 16 does not preclude claiming it in the ITR, provided the expenditure was for official purposes and documentary proof (expense logs, bills, duty registers) is maintained, with the exemption limited to actual expenses not exceeding the allowance received.