The employee received education allowance for the education of 3 children @ ₹ 40 per child since 1st September 2016. Calculate taxable amount of education allowance.
Note: education allowance is exempt @ rupees 100 per month per child up to maximum of two children
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income from salary
Replies (3)
₹ 480 taxable
Can someone give me the solution to the above question?
(7 months × 40)×2 children=560
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