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of <h1>Income-tax Rules Amended: Transport Allowance Increased to Rs. 10,000/Month, Effective Retroactively from September 1, 2008, per Rule 2BB.</h1> The Income-tax (Eighth Amendment) Rules, 2010, amends Rule 2BB of the Income-tax Rules, 1962, increasing the transport allowance from Rs. 6,000 to Rs. 10,000 per month. This amendment is issued by the Central Board of Direct Taxes under the authority of section 295, in conjunction with clause (14) of section 10 of the Income-tax Act, 1961. The amendment is retroactively effective from September 1, 2008.
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