Sir how to treat travelling allowance below the 2 questions
Hemanth kumar Kumar
CA Final
★ 750
14-Mar-22 12:08
847
Answers (3)
Taxable in hands of Assessee for the unutilised amounts as IFS
Attachments
Harish Kumar
CA Inter
★ 17K+
14-Mar-22 12:31
Mr. Hemanth
In the first question
It is assumed that the employee followed all the terms like travel in economy class by air and first class in train and Deluxe bus with shortest route
Then amount spent by the employee is exempt
Remaining amount is taxable
