11. What is expected to cut out tax avoidance?
12. Double taxation relief could be
13. If an employer transfers second hand motor car to the employee, the perquisite is valued at:
14. In order to invoke the tax treaty for a person who is a dual resident, i.e. tax resident in both the countries, which rule may be applied under the relevant article of the tax treaties to resolve the issue?
15. Authority for Advance Rulings shall not allow an application where the question raised:
16. Resident of India includes:
17. If the individual using the property for the business or professional purpose the income is taxable under which of the following heads?
18. Which two of the following are correct in terms of rate of tax deduction at source (TDS)?
(1) Income by way of winning from the horse race @ 30%
(2) Insurance Commission @ 10%
(3) Rent of Plant & Machinery @ 5%
(4) Rent of furniture @ 5%
Choose the correct option from the following:
(1) Income by way of winning from the horse race @ 30%
(2) Insurance Commission @ 10%
(3) Rent of Plant & Machinery @ 5%
(4) Rent of furniture @ 5%
Choose the correct option from the following:
19. The payment of any simple interest to any partner is allowed only to the extent of 12% per annum as deduction as per:
20. Value of rent-free accommodation in case of Government employee shall be taxable up to:
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 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 8
- Income Tax and Corporate Tax - Section 9