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AAFM Exam GLO_CWM_LVL_1 Topic 3 Question 37 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 37
Topic #: 3
[All GLO_CWM_LVL_1 Questions]

Sudesh Haldia is employed at Delhi as Store Manager in one of the Retail Companies. The particulars of his salary for the previous year 2006-07 are as under:

The actual rent paid by him is Rs. 2,000 p.m. for an accommodation at Noida till 31-12-2006.From 1-1-2007 the rent was increased to Rs. 4000 p.m. Compute the taxable HRA?

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Suggested Answer: A

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