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 given question, select the related letters from the given alternatives.
DIOT: FKLG : : UPQX : WRJC : : VSHR : ?
- The sentence below has two words in which the letters are jumbled up. Rearrange the letters of the words, written in capital letters, to form the correct s...
In a family, there are seven persons, comprising two married couple, S is the only child of N and the granddaughter of L. N is a widow. N and Q are sist...
Select the option that is related to the third term in the same way as the second term is related to first term and the sixth term is related to the fi...
If SURCHARGE is related to T5SDI1SH2 in the same way as MONKEYS is related to….?…..
Select the option that is related to the third term in the same way as the second term is related to the first term.
CFHJO: DHKNT:: NVODI: ?
Select the option that is related to the third number cluster in the same way the second number cluster is related to the first number cluster.
3...
If M = 26, MET = 76, then ‘MEAT’ will be equal to?
Information given below represents the number codes for the given letters. Select the combination of numbers so that the letters arranged accordingly w...
Drake : Duck : : Wizard : ?
