AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 107 Topic 11 Discussion

AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 107 Topic 11 Discussion

CTEP Exam Topic 11 Question 107 Discussion:
Question #: 107
Topic #: 11

Mr. Sahil has two daughter and is in receipt of education allowance of Rs 200 per month for each of them. What would be the taxable allowance in the hands of Mr. Sahil for the full FY.


A.

NIL


B.

Rs 1,200


C.

Rs 2,400


D.

Rs 4,800


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