AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 295 Topic 30 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 295 Topic 30 Discussion

CWM_LEVEL_2 Exam Topic 30 Question 295 Discussion:
Question #: 295
Topic #: 30

Section A (1 Mark)

What would be the tax liability if tea and snacks are provided in the office after office hours?


A.

Nil


B.

Nil, if it is uptoRs. 50 per meal


C.

Actual amount spent by the employer


D.

Nil, if it is upto Rs. 75 per meal


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