conveyance not deducted in my Form 16 - how can i file tax return wuth refund of eligible amt for conveyance(Rs 9600). Do i Need to write a letter to Income Tax Department?
RE:conveyance not deducted in my Form 16
by chingapunga on Jul 19, 2008 08:50 PM Permalink
Normally companies with transportation facilities, do not adjust the conveyance in FORM-16. If your company doesn't have such a facility or if you have not availed such a facility, you can very well show the amount durng return and claim the refund
RE:conveyance not deducted in my Form 16
by LALPET SRIDHAR on Jul 19, 2008 08:57 PM Permalink
Your terms of employment shall determine the payment of the conveyance allowance. You can still ask the employer to considere the same and issue afresh Form 16(it is possible in a small company). But employer will refuse as the have to change thenecessary accounts and issue a fresh Form 16
