State which out of the following perquisite is exempt as per section 115BAC of the Income Tax Act, 1961 for the Assessment Year 2022-23:

CS Executive · Tax Laws · PYQS · June 2022
State which out of the following perquisite is exempt as per section 115BAC of the Income Tax Act, 1961 for the Assessment Year 2022-23:
(A) Helper facility at the residence of employee
(B) Laptop given to employee for the official use ownership retained with the employer
(C) Children education allowance given by the employer
(D) Uniform allowance provided to the employee

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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