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TMI BlogConditions for the purpose of section 10(5)X X X X Extracts X X X X X X X X Extracts X X X X ..... s performed on or after the 1st day of October, 1997, by air, an amount not exceeding the air economy fare of the national carrier by the shortest route to the place of destination; ( ii ) where places of origin of journey and destination are connected by rail and the journey is performed on or after the 1st day of October, 1997, by any mode of transport other than by air, an amount not exceeding the air-conditioned first class rail fare by the shortest route to the place of destination; and ( iii ) where the places of origin of journey and destination or part thereof are not connected by rail and the journey is performed on or after the 1st day of October, 1997, between such places, the amount eligible for exemptio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied expenditure is made by an account payee cheque drawn on a bank or account payee bank draft, or use of electronic clearing system through a bank account or through such other electronic mode as prescribed under rule 6ABBA; and (iv) the individual obtains a tax invoice in respect of specified expenditure from the registered person referred in clause (ii). Explanation 1- For the purpose of this sub-rule,- (i) tax invoice means an invoice issued by the registered person under section 31 of the Central Goods and Services Tax Act, 2017 (No. 12 of 2017); (ii) registered person shall have the meaning assigned to it in clause (94) of section 2 of the Central Goods and Services Tax Act, 2017 (No. 12 of 2017); (iii) specified ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall have effect as if for the words two journeys , the words one journey has been substituted. ] (2) The exemption referred to in sub-rule (1) shall be available to an individual in respect of two journeys performed in a block of four calendar years commencing from the calendar year 1986 : Provided that nothing contained in this sub-rule shall apply to the benefit already availed of by the assessee in respect of any number of journeys performed before the 1st day of April, 1989 except to the extent that the journey or journeys so performed shall be taken into account for computing the limit of two journeys specified in this sub-rule. (3) Where such travel concession or assistance is not availed of by the individual during ..... X X X X Extracts X X X X X X X X Extracts X X X X
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