91. Which of the following is a taxable income?
92. Age of senior citizen as per income tax
93. When the asset is purchased or acquired under hire-purchase/instalment system, the depreciation is . . . . . . . . in computing income.
94. Which of the following statement is true?
1. The due date of first instalment of advance tax is 15th July.
2. The due date of second instalment of advance tax is 15th September.
3. The due date of third instalment of advance tax is 15th January.
4. The due date of final instalment of advance tax is 15th March.
1. The due date of first instalment of advance tax is 15th July.
2. The due date of second instalment of advance tax is 15th September.
3. The due date of third instalment of advance tax is 15th January.
4. The due date of final instalment of advance tax is 15th March.
95. The provisions regarding TDS on Salaries are contained in:
96. Interest under Section 234B is payable by an assessee due to the following reason
97. Who will sign return of income of HUF?
98. Under section 56 of the Income-tax Act, any amount of money received in excess of Rs. 50,000 without consideration is fully taxable in the hands of:
99. Which of the following statements is/are correct?
1. A foreign company can be a domestic company.
2. There is no difference between an Indian company and a domestic company.
3. The control and management of a company should be examined for each previous year as the company many change the place of its control and management and consequently its residential status may also change.
Select the correct answer using the options given below
1. A foreign company can be a domestic company.
2. There is no difference between an Indian company and a domestic company.
3. The control and management of a company should be examined for each previous year as the company many change the place of its control and management and consequently its residential status may also change.
Select the correct answer using the options given below
100. Income chargeable under the head 'Profits and Gains from Business or Profession' is covered under:
Read More Section(Income Tax and Corporate Tax)
Each Section contains maximum 100 MCQs question on Income Tax and Corporate Tax. To get more questions visit other sections.
- Income Tax and Corporate Tax - Section 1
- Income Tax and Corporate Tax - Section 2
- Income Tax and Corporate Tax - Section 3
- Income Tax and Corporate Tax - Section 4
- Income Tax and Corporate Tax - Section 5
- Income Tax and Corporate Tax - Section 6
- Income Tax and Corporate Tax - Section 7
- Income Tax and Corporate Tax - Section 9