Q753
Match the items of List-I with the items of List-II and choose the correct answer from the options given below. List-I List-II a. Compensation received by an employee from his employer on termination of job 1. Exemption upto specified limit b. Pension received by the widow of an employee 2. Profits in lieu of salary c. Foreign allowance for rendering services abroad 3. Income from other abroad sources d. Children hostel allowance 4. Fully exempt from tax
Match the items of List-I with the items of List-II and choose the correct answer from the options given below.
| List-I | List-II |
| a. Compensation received by an employee from his employer on termination of job | 1. Exemption upto specified limit |
| b. Pension received by the widow of an employee | 2. Profits in lieu of salary |
| c. Foreign allowance for rendering services abroad | 3. Income from other abroad sources |
| d. Children hostel allowance | 4. Fully exempt from tax |
A.
a-3, b-4, c-2, d-1
B.
a-2, b-3, c-4, d-1
AnswerC.
a-2, b-4, c-3, d-1
D.
a-4, b-3, c-1, d-2
Answer: Option B
Solution
Answer: Option B
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