Rohan, an employee of State Government received ₹1,000 per month as entertainment allowance during the financial year 2018-19. His salary excluding any allowance, benefit or other perquisite for the year is ₹8,40,000. Th

CS Executive · Tax Laws and Practice · PYQS · June 2019
Rohan, an employee of State Government received ₹1,000 per month as entertainment allowance during the financial year 2018-19. His salary excluding any allowance, benefit or other perquisite for the year is ₹8,40,000. The amount of entertainment allowance eligible for deduction is:
(A) ₹12,000
(B) 1% of salary of ₹8,400
(C) ₹5,000
(D) (12000 - 8400) = 3600

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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