Sushil is a handicapped employee who receives ₹ 3,500 p.m. as transport allowance. The amount of exemption that Mr. Sushil will get in the P.Y. 2020-21 is:
A. ₹ 3,200 per month
B. ₹ 3,500 per month
C. ₹ 38,400
D. Both (a) and (c)
Answer:D
Sushil is a handicapped employee who receives ₹ 3,500 p.m. as transport allowance. The amount of exemption that Mr. Sushil will get in the P.Y. 2020-21 is:
A. ₹ 3,200 per month B. ₹ 3,500 per month C. ₹ 38,400 D. Both (a) and (c)