Question
What is the statutory limit u/s 16(ii) for deduction of
entertainment allowance in case of government employee?Solution
As per section 16(ii), Government employees can claim a deduction for entertainment allowance by considering the lowest from the following: 20% of an individual’s basic salary Rs.5,000 Entertainment allowance amount received in the financial year This deduction is not available for individuals working in private firms or any statutory or local authorities.
In the following question, select the wrong number from the given alternatives.
43, 50, 64, 85, 113, 138
Select the wrong term in the series.
312, 320, 304, 328, 295, 336
Select the number from among the given options that is wrong in the following series.
22, 30, 46, 78, 146, 270
A series is given with one wrong term. Select the wrong number from the given series.
15, 27, 41, 57, 74, 95, 117
Find the wrong number in the series given below.
5, 16, 50, 157, 463, 1394
Find the wrong number in the given series?
43, 47, 51, 56, 61, 67, 73, 80, 89
Select the wrong number from the given alternatives.
64, 32, 32, 48, 98, 240
Find the wrong number in the given series.
45, 50, 60, 80, 120, 180, 360
Find the wrong number in the given series.
17, 17, 51, 255, 1789, 16065
Find the wrong term in the series given below.
38, 44, 32, 50, 24, 56, 20Â
