Exemption U/s.10(14)

pradip patel (Querist) 13 December 2008 This query is : Resolved
Sir,
Exemption U/s. 10(14) or any other deduction under Incometax Act is allowable in case of expenses incurred by a Development officer of L.I.C.Of India from Incentive Bonus and Additional Conveyance Allowance recived by him?
Please answer.

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Guest (Expert) 19 December 2008
section 10(14) covers only items mention rule 2BB. incentive bonus is not there and additional conveyance allownace is not there, only 800 per month is available.

pradip patel (Querist) 20 December 2008
Thanks for reply.But, any Exemption or any other deduction under Incometax Act is allowable in case of expenses incurred by a Development officer of L.I.C.Of India from Incentive Bonus and Additional Conveyance Allowance recived by him?
Please reply.

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