Geetesh is a Central Government employee and has received ₹ 20,000 as entertainment allowance. He spent ₹ 15,000 for entertaining the business clients. His basic salary for the Previous Year 2020-21 is ₹ 80,000 and he also gets 20% dearness allowance as part of salary. The amount of Entertainment allowance deductible u/s 16(/will be:
A. ₹ 16,000
B. ₹ 15,000
C. ₹ 5,000
D. ₹ 19,200
Answer:C
Geetesh is a Central Government employee and has received ₹ 20,000 as entertainment allowance. He spent ₹ 15,000 for entertaining the business clients. His basic salary for the Previous Year 2020-21 is ₹ 80,000 and he also gets 20% dearness allowance as part of salary. The amount of Entertainment allowance deductible u/s 16(/will be:
A. ₹ 16,000 B. ₹ 15,000 C. ₹ 5,000 D. ₹ 19,200