Hi,
My salary slip says conveyance allowance of rs.800/- per month where as i\'m actually spending nearly 2.5k per month towards conveyance to reach office from home. I commute through my 125cc bike and my employer says i\'m not eligible to claim the petrol expenses as it was not part of my salary. Is there any way i can claim this as conveyance expenses or motor vehicle expenses and reduce my tax outgo.
My salary slip says conveyance allowance of rs.800/- per month where as i\'m actually spending nearly 2.5k per month towards conveyance to reach office from home. I commute through my 125cc bike and my employer says i\'m not eligible to claim the petrol expenses as it was not part of my salary. Is there any way i can claim this as conveyance expenses or motor vehicle expenses and reduce my tax outgo.