The periodic payment of money for the past service is known as........................
A) Gratuity
B) Pension
C) Commuted pension
D) Leave salary
Correct Answer:
Verified
Q12: Children education allowance is exempt up to
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
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
Q20: Dearness allowance is taxable in the handsof.................
A)Govtemployees
B)Non
Q21: Deduction under section 80 C is available
Q22: Deduction under section 80 CCD is available
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