Mr. X has been provided a servant by his employer. The salary paid to the servant is ₹ 5,000 per month. Mr. X is not a specified employee. The amount taxable in the hands of Mr. X, in this regard would :
A. ₹ 5,000
B. ₹ 60,000
C. Nil
D. ₹ 24,000
Answer:C
Mr. X has been provided a servant by his employer. The salary paid to the servant is ₹ 5,000 per month. Mr. X is not a specified employee. The amount taxable in the hands of Mr. X, in this regard would :
A. ₹ 5,000 B. ₹ 60,000 C. Nil D. ₹ 24,000