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Commerce Short Question | Gkseries

The maximum amount of exemption of compensation received at the time of voluntary retirement U/S 10(10C) of the Income Tax Act, 1961, is :

[A] 1,00,000
[B] 2,50,000
[C] 5,00,000
[D] 10,00,000
Answer & Explanation

Answer: 5,00,000

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