Basis of Charge or Chargeability of Salaries – Test 2

When annuity is received from present employer, then it is

The amount paid by employer as salary in lieu of notice period is

Payment made by employer to employee for working beyond office hours is __________ “Gross Salary”.

Which of the following allowances are first included in the gross salary and thereafter a deduction u/s 16(ii) is allowed only to a Government employee ?

The section which governs house rent allowance is

House rent allowance, subject to deductions, if any is

The maximum exemption available on HRA in metropolitan cities is

The maximum exemption available on HRA in non-metropolitan cities is

The cities which are considered as metropolitan cities for the purpose of section 10(13A) are

The maximum exemption allowed u/s 10(13A) in respect of HRA in case of metropolitan city is lower of

(i) Actual allowance received

(ii) Rent paid in excess of 10% of salary

(iii) 40% of salary

(iv) 50% of salary

The maximum exemption allowed u/s 10(13A) in respect of HRA in case of a non-metropolitan city is _____

Lower of :

(i) Actual allowance received

(ii) Rent paid in excess of 10% of salary

(iii) 40% of salary

(iv) 50% of salary

A receives an HRA of Rs.10,000 per month but he stays in a house owned by him. The maximum exemption available u/s 10(13A) is

A receives HRA of Rs.10,000 per month and a dearness allowance of Rs.5,000 per month. He also received a fixed commission of Rs.50,000. Salary of A, for the purpose of section 10(13A) would be

M receives an HRA of Rs.15,000 per month and dearness allowance of Rs.5,000 per month. He also received a fixed commission as a percentage of turnover amounting Rs.1,50,000. Salary of M, for the purpose of section 10(13A) would be

The deduction of entertainment allowance is allowed to

The entertainment allowance received by a Government employee is exempt upto he lower of actual amount received

Sumptuary allowance has to treated as a part of

Which of the following perquisites are not taxable in the hands of all category of employees ?

Which of the following perquisites are taxable in the hands of specified category of employees ?

Rent free accomodation is an example of

Neeraj has a salary of Rs.5,00,000 and is provided with a rent free unfurnished accommodation by his employer M/s ABC Pvt Ltd. at New Delhi, which is owned by the employer. The value of perquisite in the hands of Neeraj would be

Khajur Ltd. owned a premise, which it provided as rent free accommodation to its employee Mr.Kamal in Manesar Haryana, where total population is 7,50,000. The value of perquisite would be

Ameen Ltd owned a premises, and provided it as rent free accommodation to its employee Mr.Kamal in Bhiwani Haryana, where  total population is 15,00,000. The value of perquisite would be

LMN Ltd. has leased a premises and then provided it as rent free accommodation to its employee Mr.Amar in Badshapur Haryana, where total population is 8,50,000. The value of perquisite would be lower of

ABC Ltd. leased premises, and then provided it as rent free accommodation to its employee Mr.Kamal in a city where total population is 50,00,000. The value of perquisite would be lower of

LMN Ltd. has leased premises and then provided it as rent free accommodation to its employee Mr.Amar in Sohan Haryana, where total population is 18,50,000. The value of perquisite would be lower of

Aryan, a Government employee, was provided regular accommodation by his employer in a hotel. The value of perquisite will be

Which of the following fringe benefits are taxable in the hands of all employees ?

As per rule 3(7)(ix), the value of any benefit or amenity provided by the employer (other than telephone) shall be determined on the basis of

Ram, who was working with Alpha Limited was provided a motor car with cubic capacity of 2.5 litres. The car was owned by Alpha Limited for fulfilling the official as well as personal needs of Ram. The value of perquisites will be _____________ if the expenses of running and maintenance are met by alpha Limited.