Expenditure incurred on exempted income is …………. as deduction. A) Fully Allowed B) Partly Allowed C) Not Allowed D) None of these Answer : C) Not Allowed...
Salary is defied as per section ………. A) 15(2) B) 16(1) C)17(2) D)17(1) Answer : D)17(1)...
Children hostel allowance is exempt up to per month per child for two children. A) Rs.100 B) Rs.200 C) Rs.250 D) Rs.300 Answer : D) Rs.300...
Children education allowance is exempt up to per month per child for two children. A) Rs.100 B) Rs.150 C) Rs.200 D) Rs.250 Answer : A) Rs.100...
Gratuity is defined as per section ……….. A) 10(10A) B) 10(10AA) C) 10(10) D)10A Answer : C) 10(10) ...
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