Match the items of List-I with the items of List-II and choose the correct answer from the options given below.
List-I | List-II |
a. Compensation received by an employee from his employer on termination of job | 1. Exemption upto specified limit |
b. Pension received by the widow of an employee | 2. Profits in lieu of salary |
c. Foreign allowance for rendering services abroad | 3. Income from other abroad sources |
d. Children hostel allowance | 4. Fully exempt from tax |
A. a-3, b-4, c-2, d-1
B. a-2, b-3, c-4, d-1
C. a-2, b-4, c-3, d-1
D. a-4, b-3, c-1, d-2
Answer: Option B
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