Transport allowance is provided by the employers to their employees in order to commute from their home to the work place. The online transport allowance calculator helps in finding out the amount of TA the employee will receive from its employer.
The amount of TA is not taxable as it's a genuine expense. In order to calculate the tax exemption, one must subtract the amount of tax exemption from the amount received.
To calculate the total TA, one should enter the assessments years, total transport allowance and taxable amount.