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Conveyance Exemption in IT

Hi

Conveyance amount is not getting exempted in Income Tax calculation. Its taking the exemption till the current month.

For ex : i have run the payroll for 2 months. So 1600 (800*2) is only considering as exemption instead of 9,600.

Hope am clear.

Please let me know the solution.

Thanks & Regards

Bharathi

Former Member
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