Statutory limit u/s.16(ii) for deduction of entertainment allowance in – McqOptions

MCQOPTIONS

1.	Statutory limit u/s.16(ii) for deduction of entertainment allowance in case of a nonGovernment employee is
A.	Rs. 5,000
B.	12.5% of employees’ salary
C.	20% of employees’ salary
D.	NIL
Answer» E.

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