Vidyalelo
Commerce · Q234

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 234

Q234

Entertainment allowance is the fund given to an employee by the company to pay for client meetings drinks, food, hotel stay, etc. Entertainment allowance is fully taxable for employees working in the case of:

A.
Private sector employees
Answer
B.
Public sector employees
C.
Government employees
D.
All of the above

Answer: Option A

Solution

Answer: Option A
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