Question

11.Leave encashment received while in service is ______
a. Exempt
b. Taxable
c. Deducted
d. None of the above
12. Employers’ Contribution to Recognised Provident Fund is exempt upto____
a. 9.5 % of salary
b. 12% of salary
c. 10% of salary
d. Fully Exempt
13. Allowances for expenses on travelling on tour or transfer are____
a. exempt upto lower of the amount actually spent or the prescribed limits
b. exempt fully to the extent actually spent
c. exempt to the extent of lower of allowance received ot lumpsum amount
prescribed.
d. fully taxable
14. Children Education allowance is exempt upto ____
a. Maximum Rs. 150 per month per child for two children
b. Maximum Rs. 100 per month per child for two children
c . Fully Exempt
d. None of the above
15. Uncommuted pension is ___
a. Fully Taxable
b. Fully exempt
c. Exempt upto 50%
d. None of the above
16. Salary is taxable on _____basis
a. Due basis
b. Receipt basis
c. Due or receipt basis whichever is earlier
d. Due or receipt basis whichever is later .
17 . House Rent Allowance is exempt upto ____ if the house is situated at Delhi.
a. 40% of salary
b. 75% of salary
c. 50% of salary
d. Fully exempt
18. ______ is any casual emoluments attached to an office or position.
a. Dearness Alllowance
b. Allowance
c. Perquisites
d. None of the above.
19 . Reimbursement of medical expenses is _____ for medical treatment of assesse or his family member
a. Exempted upto Rs. 15,000
b. Exempted upto Rs. 20,000
c. Fully Exempted
d. Fully Taxable
20. Salary received by a partner from partnership firm is taxable under the head______
a. Salary
b. Business
c. Capital Gains
Other Sources​​

Answer 1

Explanation:

are .. sorry bhai. . now iam going to my live class ....

but thanks for points....

Answer 2

Answer:

ooo

Explanation:

bhai itna bhej raha hai ham kha enclopedia hai kha pagal

ek no ka

thanks who stands with me