Mr. A is employed in ABS Transports as a cabin driver. He is paid ₹ 15,000 every month in the whole of the previous year 2020-21 as an allowance for meeting his personal expenditure in the course of running the goods vehicle. Mr. A does not receive any other amount by way of the daily allowance. The amount of allowance eligible for the exemption is:

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Question:Mr. A is employed in ABS Transports as a cabin driver. He is paid ₹ 15,000 every month in the whole of the previous year 2020-21 as an allowance for meeting his personal expenditure in the course of running the goods vehicle. Mr. A does not receive any other amount by way of the daily allowance. The amount of allowance eligible for the exemption is:

1.₹ 1,80,000

2. ₹ 1,20,000

3. ₹ 1,26,000

4. Nil

Posted by R4R Team
  1. Mr. A is employed in ABS Transports as a cabin driver. He is paid ₹ 15,000 every month in the whole of the previous year 2020-21 as an allowance for meeting his personal expenditure in the course of running the goods vehicle. Mr. A does not receive any other amount by way of the daily allowance. The amount of allowance eligible for the exemption is:
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