Employees eligible to claim Exemption for Tour, Travel and Conveyance Expenses incurred officially in Alternate Tax Regime: CBDT notifies Income-tax (13th Amendment) Rules, 2020

The Central Board of Direct Tax (CBDT) on Friday notified the Income-tax (13th Amendment) Rules, 2020. Those who opting alternate tax regime u/s. 115BAC of the Income Tax Act are eligible to claim the exemption for Tour, Travel, and Conveyance Expenses incurred officially. The Board sought to amend the Income-tax Rules, 1962, shall come into […]

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