1. In which date, the Income Tax Act is enforced in India?
2. ADEN Rules, 1953 is related to which of the following?
3. Which of the following is/are agricultural income?
1. Income from growing flowers and creepers.
2. Income from dairy farming.
3. Rent for agricultural land received from sub-tenants by mortgagee in possession.
Select the correct answer using the options given below
1. Income from growing flowers and creepers.
2. Income from dairy farming.
3. Rent for agricultural land received from sub-tenants by mortgagee in possession.
Select the correct answer using the options given below
4. Gratuity received by a government employee is
5. Consider the following statements.
Assertion: Tax avoidance is an art of avoiding tax without actually breaking the law.
Reason: Avoidance of tax is not illegal.
Assertion: Tax avoidance is an art of avoiding tax without actually breaking the law.
Reason: Avoidance of tax is not illegal.
6. Causes of tax evasion is/are
7. Deduction of tax at source for insurance commission is at:
8. In case of make or buy decision, the product is consumable one, raw material or required to replace a worn out part at the time of repair, its cost will be treated as . . . . . . . . expense and deductible in computing the income.
9. Any individual, who is resident in any previous year, in the next previous year, he shall be
10. Under Section 194B and 194BB of Income Tax Act, tax is deductible @ . . . . . . . . on payment in respect of winnings from lotteries or cross word puzzles etc.
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 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 8
- Income Tax and Corporate Tax - Section 9