Expenditure incurred on exempted income is.............. as deduction.
A) Fully Allowed
B) Partly Allowed
C) Not Allowed
D) None of these
Correct Answer:
Verified
Q4: Income of minor child clubbed with the
Q5: To determine the residential status of HUF,
Q6: GST is a………………….
A)Professional tax
B)Direct tax
C)Indirect tax
D)Service tax
Q7: A person with the age of or
Q8: Assessment year is the period of 12
Q10: HRA is………………..
A)Fully Taxable
B)Partly Taxable
C)Fully Exempted
D)None of these
Q11: If the assessee is living in own
Q12: Children education allowance is exempt up to
Q13: Children hostel allowance is exempt up to
Q14: Transport allowance given by the employer to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents