Festival allowance is :
A) Fully taxable
B) Fully exempted
C) Partly taxable
D) None of these
Correct Answer:
Verified
Q10: Annuity received from the present employer is
Q11: Annuity received from former employer is treated
Q12: Annual accretion is taxable under:
A)Salary under section
Q13: Per-diem allowance given for the purpose of
Q14: Sumptuary allowance to Judges of Supreme Court
Q16: HRA received by an employee who is
Q17: Standard deduction allowed from salary for A.
Q18: Entertainment allowance received by an employee of
Q19: Children education allowance is exempt up to
Q20: Rent free accommodation is an example for:
A)Allowance
B)Profit
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