MCQOPTIONS
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| 1. |
When employer contributes to approved superannuation fund it is chargeable to tax as perquisite when the contribution exceeds- |
| A. | Rs. 1,50,000 |
| B. | Rs. 1,00,000 |
| C. | Rs. 50,000 |
| D. | Rs. 20,000 |
| Answer» B. Rs. 1,00,000 | |