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Commerce · Q564

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 564

Q564

The children education allowance, the amount exempted from taxable income is limited to:

A.
Rs. 100 per month per child up to 3 children
B.
Rs. 1,000 per year per child up to 2 children
C.
Rs. 100 per year per child up to 2 children
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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