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Find out the correct one:

A. Transport allowance is fully taxable whether one is government or private servant

B. It is exempted @ Rs 800 per month whether one is government or private servant

C. It is taxable up to 50% of the total allowance received for the previous year whether one is government to private servant

D. It is fully exempted whether one is government or private servant

E. It is exempted in case of government servant up to the $${\frac{2}{3}^{{\text{rd}}}}$$ of the total allowance received during the previous year

Answer: Option B


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