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Taxability of Conveyance Allowance

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....axability of Conveyance Allowance<br> Query (Issue) Started By: - Ashish Gupta Dated:- 22-6-2010 Last Reply Date:- 25-6-2010 Income Tax<br>Got 2 Replies<br>Income Tax<br>The conveyance allowance of Rs....

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..... 800 P. M. is tax free in the hand of employees and if the company provide car/conveyance facility to the employees then what will be the taxability of conveyance allowance of Rs. 800 PM. in case: i.....

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.... Company provides car to the employees and add the value of perquisites of car in the salary and deduct TDS and ii. Company provides conveyance facility through company bus to the employees and do no....

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....t charge any amount from employees. Reply By GOPALJI AGRAWAL: The Reply: If the company is providing free conveyance facility then no tranport allowance would be exempted under Rule 2BB. But if the ....

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....valuation of the car is added in the salary then the exemption should be available to the extent of Rs. 800.00 because proviso to Rule 2BB states that free conveyance is not provided by the employer. ....

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....Reply By Mikesh Patil: The Reply: from when surcharge and cess is not applicable on TDS in case of non salary??<br> Discussion Forum - Knowledge Sharing ....