AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 256 Topic 26 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 256 Topic 26 Discussion

GLO_CWM_LVL_1 Exam Topic 26 Question 256 Discussion:
Question #: 256
Topic #: 26

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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