Denial of Deduction u/s 10(14) for Fixed Conveyance Allowance; No Monthly Account Submissions Required by Employees.
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....Deduction u/s 10(14) denied - assessee has received fixed conveyance allowance and conveyance expenses - it will not be necessary for the employees to submit accounts every month to the employer and along with return to the assessing authority.....
TaxTMI