If loan granted by employer to employee does not exceed ., it is n – McqOptions

MCQOPTIONS

1.	If loan granted by employer to employee does not exceed ., it is not treated as perquisite to employee for purpose of income tax.
A.	` 20,000
B.	40,000
C.	` 30,000
D.	` 25,000
Answer» C. ` 30,000

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