Transport allowance given by the employer to the employee is exempt up to………..
A) Rs.1000p.m
B) Rs.1600p.m
C) Rs.1000p.a
D) Rs.1600p.a
Correct Answer:
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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
Q12: Children education allowance is exempt up to
Q13: Children hostel allowance is exempt up 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
Q18: Pension is taxable under_head.
A)Salary
B)House property
C)Capital gains
D)other sources
Q19: Which of the following is not included
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