[Solved] For an employee in receipt of hostel expenditure allowance for his three children, the maximum annual allowance exempt under section 10(14) is ....

Q.	For an employee in receipt of hostel expenditure allowance for his three children, the maximum annual allowance exempt under section 10(14) is ....
A.	rs.10, 800
B.	rs.7,200
C.	rs.9,600
D.	rs.3,600
Answer» B. rs.7,200

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