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Former Member

Conveyance Allowance

Hi All,

Conveyance is tax exempted for a limit of 9600 per annum, but in my situation the whole conveyance amount is getting exempted, what should be done so that system only exempts 9600 for an employee

Regards

Manoj

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1 Answer

  • Posted on Jun 04, 2012 at 02:11 AM

    Did you maintained IT0583 ?

    Did your wage type is linked with tax code SCNV with limit based -monthly limit for tax exemption-800 ( (in T7INT9 ) and you assigned the wage type with the conveyance type (T7INC9 ) ?

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