Ms. Bhavani, a blind employee, working in Beta Ltd. was paid transport allowance of ₹2,000 per month from April, 2018 to September, 2018. She was paid ₹3,000 as transport allowance from October, 2018 to March, 2019. The
CS Executive · Tax Laws and Practice · PYQS · December 2019
Ms. Bhavani, a blind employee, working in Beta Ltd. was paid transport allowance of ₹2,000 per month from April, 2018 to September, 2018. She was paid ₹3,000 as transport allowance from October, 2018 to March, 2019. The amount of transport allowance eligible for exemption u/s 10(14) would be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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