As per section 10( 14)(/f) and [Rule 2BB(2)] of the Income-tax Rules, 1962 the special allowance in the nature of Counter Insurgency Allowance granted to the members of armed forces operating in areas away from their permanent locations is exempt to the extent of X :
A. 1,500
B. 2,600
C. 3,900
D. 4,200
Answer:C
As per section 10( 14)(/f) and [Rule 2BB(2)] of the Income-tax Rules, 1962 the special allowance in the nature of Counter Insurgency Allowance granted to the members of armed forces operating in areas away from their permanent locations is exempt to the extent of X :
A. 1,500 B. 2,600 C. 3,900 D. 4,200