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WorksheetsQuiz - Income from salaries
Total questions: 10
Worksheet time: 3mins
Name
Class
Date
1.
Which of the following is an exempted allowance?
a)
Sumptuary allowance
b)
Conveyance allowance
c)
Dearness allowance
d)
HRA
2.
Maximum exemption regarding entertainment allowance is
a)
Rs. 15,000
b)
Rs.50,000
c)
Rs. 5,000
d)
Rs. 1,000
3.
What is the amount of standard deduction?
a)
50,000
b)
40,000
c)
20000
d)
10000
4.
Salary for HRA means
a)
Basic pay only
b)
Basic pay and DA
c)
Basic pay and Bonus
d)
None
5.
maximum amount of deduction of employment tax is...
a)
5000
b)
2500
c)
10000
d)
1000
6.
Under income from salaries (a) deductions are allowed
7.
Maximum exemption of education allowance is Rs (a) per month per child
8.
Amount of exemption regarding children hostel allowance is Rs (a)
9.
CBDT means
(a)
10.
State true or false: Pension from UNO is exempt
(a)
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