TMI BlogStandard deduction restricted to Rs.1,000 in receipt of conveyance allowance.X X X X Extracts X X X X X X X X Extracts X X X X ..... yees have changed the nomenclature of the allowance to 'local travelling expenses', personal allowance', 'vehicle/car allowance', etc. 2. Under the proviso to section 16(i) of I.T.Act, 1961, where the assessee is in receipt of a conveyance allowance from his employer or where any motor-car, motor-cycle, scooter or other moped is provided to the assessee by his employer for use by the assessee ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he facts of each case should be gone into to determine whether it is in actuality a reimbursement of expenses incurred in the performance of duties or it is merely an allowance camouflaged as reimbursement of actual expenses so as to secure a higher tax benefit. If it is merely a reimbursement of actual expenses incurred in the performance of his duties the standard deduction would not be restrict ..... X X X X Extracts X X X X X X X X Extracts X X X X
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