MCQOPTIONS
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| 1. |
Gifts not exceeding in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both. |
| A. | 20,000 |
| B. | 25,000 |
| C. | 50,000 |
| D. | 1,00,000 |
| Answer» D. 1,00,000 | |