Subodh Kumar, IAS, a Central Government employee received total salary of ₹18,00,000 and ₹10,000 as entertainment allowance during the previous year 2019-20. Actual expenditure incurred by him on entertainment for the of

CS Executive · Tax Laws and Practice · PYQS · December 2020
Subodh Kumar, IAS, a Central Government employee received total salary of ₹18,00,000 and ₹10,000 as entertainment allowance during the previous year 2019-20. Actual expenditure incurred by him on entertainment for the official purposes was ₹9,500. The deduction available for entertainment allowance received or for actual amount spent on entertainment for the assessment year 2020-21 is ______.
(A) ₹4,750
(B) ₹9,500
(C) ₹10,000
(D) ₹5,000

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income from Salaries

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic