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AAFM GLO_CWM_LVL_1 Exam - Topic 3 Question 37 Discussion

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?
A) Rs. 16, 500
B) Rs. 26,250
C) Rs. 19,125
D) Rs. 31,500

AAFM GLO_CWM_LVL_1 Exam - 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

by Truman at May 08, 2022, 10:33 AM

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Hillary
7 months ago
Are we sure about these options? Feels off.
upvoted 0 times
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Tabetha
8 months ago
Definitely not D, that's way too high.
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Veronika
8 months ago
Wait, the rent jumped to 4k? That's a huge increase!
upvoted 0 times
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Florinda
8 months ago
I think it's option B, seems right to me.
upvoted 0 times
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Ryann
8 months ago
HRA calculation is tricky!
upvoted 0 times
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Claribel
8 months ago
I'm feeling confident about this one. The SAML Certificate Expiry details are definitely in the Features -> Single Sign-On section, so I'll select option C.
upvoted 0 times
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Tasia
9 months ago
For a mid-year rent change, we prorate the year—two periods with different rents.
upvoted 0 times
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