MCQOPTIONS
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| 1. |
The deduction allowable in respect of family pension is: |
| A. | Entire amount of family pension |
| B. | 33 1/3 % of the family pension |
| C. | 33 1/3 % of the family pension or Rs: 15,000 whichever is less |
| D. | 30 % of the family pension or Rs: 15,000 whichever is less |
| Answer» D. 30 % of the family pension or Rs: 15,000 whichever is less | |