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


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