TMI BlogWhat is the taxability of Conveyance allowance?X X X X Extracts X X X X X X X X Extracts X X X X ..... onveyance allowance is exempt to the extent of amount received or amount spent, whichever is less. For e.g., If amount received is Rs. 100 and amount spent is Rs. 80, then only Rs. 20 is taxable. Howe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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