All India Bar Examination (AIBE) 20 (XX) Previous Year Question Papers with Answers

Practice Mode:
35.

Which type of allowance qualifies for deduction under Section 16(ii) of the Income-tax Act, 1961 ?

A: House Rent Allowance granted by private companies
B: Entertainment Allowance granted to government employees
C: Transport Allowance provided to all salaried persons
D: Leave Travel Allowance given for domestic travel

The answer is: B