Is conveyance allowance exempt or taxable ??
Thank u sir ..so thereâ??s no statuatory limit??
Transport allowance granted to an employee, who is blind [or deaf and dumb] or orthopedically handicapped with disability of lower extremities, to meet his expenditure for the purpose of commuting between the place of his residence and the place of his duty - Rs. 3,200. Others will not get any deduction.