Hello Apoorg,
Thank you for quoting the provision. I have found it on the net at the
following site:
http://law.incometaxindia.gov.in/DitTaxmann/IncomeTaxActs/2008ITAct/Rules002bb.htm
I have converted it into a pdf document. It is 15 pages long. However, the
portion we need is on pages 14 and 15. You can retrieve the pdf file for
print at
http://dl.dropbox.com/u/3497977/s10-14.pdf
Best regards,
Amiyo Biswas
Cell: 91-9433464329
----- Original Message -----
From: "Kulkarni, Apoorv" <[email protected]>
To: <[email protected]>
Sent: Friday, January 14, 2011 10:11 AM
Subject: [AI] Transport allowance for blind; income tax reference
Dear all,
For the benefit of everyone, I am reproducing the text of income tax
act, section 10 (14) (iii) on transport allowance as follows:
Section 10(14)(iii)(i) Transport allowance: Any transport allowance
granted to an employee to meet his expenditure for the purpose of
commuting between the place of his residence and the place of his duty,
to the extent of Rs. 800 per month shall be exempt
However, such transport allowance granted to an employee, who is blind
or orthopaedically handicapped with disability of lower extremities, is
exempt to the extent of Rs. 1,600 p.m. instead of Rs. 800.
Please note that:
1 Section 10(14)(iii) deals with Allowances which are exempt to the
extent of amount received or the limit specified, whichever is less.
2. this section text clearly extends this benefit to blind.
Best Regards,
Apoorv Kulkarni
_________________________________________________
Apoorv Kulkarni
Senior, Accounting Advisory Services (AAS)
kpmg
Lodha Excelus, Apollo Mills Compound
NM Joshi Marg, Mahalaxmi,
Tel: Office: +91 (22) 3989 6000
Mobile: +91 (0) 9833423344
Fax: +91 (22) 39836000/ 39835010
Email ID: [email protected]
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