https://www.taxtmi.com/forum/issue?id=1007 Whether an employee may claim a conveyance allowance exemption alongside a nil perquisite valuation for employer provided car use for commuting is addressed. The reply indicates no prohibition on claiming both concurrently, but notes that removal of fringe benefit tax and reintroduction of taxation on perquisites limits the effectiveness of such tax planning because employer paid vehicle expenses and perquisite valuation rules alter the tax treatment of the car facility. en-us Mon, 19 Jan 2009 15:54:35 +0530 Thu, 23 Jan 2025 15:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1007 Whether an employee may claim a conveyance allowance exemption alongside a nil perquisite valuation for employer provided car use for commuting is addressed. The reply indicates no prohibition on claiming both concurrently, but notes that removal of fringe benefit tax and reintroduction of taxation on perquisites limits the effectiveness of such tax planning because employer paid vehicle expenses and perquisite valuation rules alter the tax treatment of the car facility. Discussion-Forum Income Tax Mon, 19 Jan 2009 15:54:35 +0530 https://www.taxtmi.com/forum/issue?id=1007