If the employee receives retirement gratuity from more than one employer, he can claim exemption in respect of .

Related MCQs

• The death-c um-retirement gratuity received by the Government Employee or employee of the local authority is.
• If loan granted by employer to employee does not exceed …………., it is not treated as perquisite to employee for purpose of income tax.
• The Payment of Gratuity Act came into force in…………...
• Gift to employee up to p.a. will not be treated as perquisite taxable in the hands of employee.
• Expenditure on free meals to employee in excess of………………per meal will be treated as perquisite of employee.
• The assesses can claim relief under…………….for arrears or advance salary.
• Compensation received on voluntary retirement is given by of Income Tax Act, 1961.
• The maximum limit for the claim of deduction under salary head Contributions to certain pension funds of LIC or any other insurer is .
• Value of rent-free accommodation or a house owned by employer in case of non-government employees with above 25 lakh population is .
• For computation of Gross Annual Value, if actual rent is more than expected rent, then we select the .