The following are the allowances which are exempt u/s 10(14) to the extent of amount received or the limits specified as per income tax, whichever is less, except:
A. Tribal area allowance
B. Daily allowance
C. Transport allowance for the handicapped employee
D. Children education allowance
Answer:B
The following are the allowances which are exempt u/s 10(14) to the extent of amount received or the limits specified as per income tax, whichever is less, except:
A. Tribal area allowance B. Daily allowance C. Transport allowance for the handicapped employee D. Children education allowance