A Central Government Officer received during the year 2020-21 salary excluding all allowances of ₹ 9,00,000 and amount of entertainment allowance of ₹ 12,000 @ ₹ 1,000 p.m. The maximum amount of entertainment allowance so received by him being exempt under section 16(of the Act is
A. 1/5 of salary
B. ₹ 1,000 p.m.
C. ₹ 5,000
D. ₹ 10,000
Answer:C
A Central Government Officer received during the year 2020-21 salary excluding all allowances of ₹ 9,00,000 and amount of entertainment allowance of ₹ 12,000 @ ₹ 1,000 p.m. The maximum amount of entertainment allowance so received by him being exempt under section 16(of the Act is
A. 1/5 of salary B. ₹ 1,000 p.m. C. ₹ 5,000 D. ₹ 10,000