AIBE XX 2025 Set A Question 35

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Question 35 of 100 AIBE XX 2025 Set A

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 Official answer
C Transport Allowance provided to all salaried persons
D Leave Travel Allowance given for domestic travel