GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD
No. F(X) I-2012/23/9
New Delhi, Dated: 10.10.2012.
OFFICE MEMORANDUM
Sub:- Exemption of Transport Allowance from the purview of Income Tax -Enhancement of exemption limit from Rs.800 to Rs.3200 plus D.A. thereon.
The undersigned is directed to draw the attention of the Ministry of Finance (Department of Revenue) Central Board of Direct Taxes towards para 5.2(10) (i) at page 14 of their Circular No. 05/2011 dated 16.08.2011 wherein it has been specified that the transport allowance granted to an employee to meet his expenditure for the purpose of commuting between the place of his residence and the place of duty is exempt to the extent of Rs. 800/- per month.
