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Commerce · Q541

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 541

Q541

Which of the following income is exempt from Income Tax?

A.
Travel concession to employee
B.
Remuneration received for valuation of answer scripts
C.
Encashment of leave salary whilst in service
D.
Perquisites in India
Answer

Answer: Option D

Solution

Answer: Option D
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