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
Correct Answer:
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Q7: A person with the age of or
Q8: Assessment year is the period of 12
Q9: Expenditure incurred on exempted income is.............. as
Q10: HRA is………………..
A)Fully Taxable
B)Partly Taxable
C)Fully Exempted
D)None of these
Q11: If the assessee is living in own
Q13: Children hostel allowance is exempt up to
Q14: Transport allowance given by the employer to
Q15: Education allowance is exempted for……..
A)One person
B)Four persons
C)Two
Q16: Gratuity received by a government employee is.......................
A)Fully
Q17: The periodic payment of money for the
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