LTC / Conveyance Allowance

Pandian (Querist) 13 February 2009 This query is : Resolved
Hi Friends,

Recently on 21-01-2009 Honourable Supreme Court of India has given judgement on the proof of reimbursement in the cases of LTA / Conveyance Allowance is not required.

Income Tax Act 1961 - Sections 10(5) and 192.

Need more clarity on this portion. Whether all the reimbursment portions are not required supporting documents (SEc 192) or else ?

What is Conveyance Allowance (Rs.800 ??)? is all fuel & maintenance reimbursements are meant "conveyance" ?

Please clarify to panscons@yahoo.co.in .
09940035574

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