Income Tax Law and Practices
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Q 61. Education allowance is exempted for……..
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Q 62. Transport allowance given by the employer to the employee is exempt up to………..
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Q 63. Children hostel allowance is exempt up to per month per child for
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Q 64. Children education allowance is exempt up to per month per child for two children.
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Q 65. If the assessee is living in own house HRA is…………..
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Q 66. HRA is………………..
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Q 67. Expenditure incurred on exempted income is.............. as deduction.
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Q 68. Assessment year is the period of 12 months commencing from_every year.
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Q 69. A person with the age of or more is considered as a super senior citizen as per Income tax Act.
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