|
Mileage allowance payments made to employee E1 |
29000 |
|
13720.00 |
|
Any amounts from which tax has been deducted E2 |
|
|
223.00 |
|
Total mileage allowance paid ( E1 minus E2 ) E3 |
|
|
13497.00 |
|
Approved Mileage Allowance Payment : Upto 10000 E4 |
10000 |
0.40 |
4000.00 |
|
Approved Mileage Allowance Payment : Above
10000 E5 |
19000 |
0.25 |
4750.00 |
|
Total Approved Mileage Allowance Payment ( E4 + E5 ) E6 |
|
|
8750.00 |
|
Total Cash Equivalent Amount / Mileage Allowance Relief
( E3 minus E6 ) E |
|
|
4747.00 |