Perquisites to employees are covered in the I.T. Act 1961 under...................
A) sec 2a.
B) sec 17b.
C) sec 28a.
D) sec. 36 c.
Correct Answer:
Verified
Q11: Exempted limit of HRA in metropolitan cities
Q12: Education allowance is exempted for a maximum
Q13: Children education allowance is exempted up to..................
A)rs.
Q14: Hostel expenditure allowance is exempted up to..................
A)rs.
Q15: Entertainment allowance to govt. employees is exempted,
Q16: A Perk is.........................
A)cash paid by employer to
Q18: An employee is deemed as specified employee
Q19: Interest on RPF balance is exempted up
Q20: Employers contribution to RPF is exempted up
Q21: Commuted value of pension is fully exempted
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