Are you eligible to claim exemption in respect of transport allowance to commute between the place of his residence and the place of his duty
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Section 10(14)(ii)
This section of the Income Tax Act provides exemptions for specific allowances granted to an employee to meet expenses for commuting between the place of residence and place of duty.
Rule 2BB(2)(11)
This rule specifies the transport allowance given to an employee for commuting from home to work and vice versa, up to a certain limit.
Eligibility
- Applicable to employees receiving a transport allowance for commuting.
- Exemption limit is typically ₹1,600 per month.
Summary
If you receive a transport allowance for commuting between your residence and workplace, you can claim an exemption under Section 10(14)(ii) read with Rule 2BB(2)(11) when filing ITR2, provided the allowance does not exceed the specified limit.