1. Income which accrue or arise outside India from a business controlled from India is taxable in case of
2. First instalment of advance tax payable falls due on or before
3. If the assesses let out the building or staff quarters to the employee of business, the rent collected from such employees is assessable as income from:
4. Section 80L deduction has been abolished-
5. Ram is super senior citizen and non-resident Indian. The Income Tax exemption limit for Ram is:
6. Consider the following statements.
1. From 1st June, 2006 onwards, the assessing officer has the power, inter alia, to allot PAN to any person by whom no tax is payable.
2. A tax return preparer can be an individual.
3. CBDT conducts various courses at different computer centres of the department to build up/in house expertise in the field of computers at various operational levels.
Which of the statements given above is/are correct
1. From 1st June, 2006 onwards, the assessing officer has the power, inter alia, to allot PAN to any person by whom no tax is payable.
2. A tax return preparer can be an individual.
3. CBDT conducts various courses at different computer centres of the department to build up/in house expertise in the field of computers at various operational levels.
Which of the statements given above is/are correct
7. Which among the following deduction is available only to disabled persons:
8. Which of the following is not the right way of defining types of tax planning?
9. In Income Tax Act, 1961, deduction under sections 80C to 80U cannot exceed . . . . . . . .
10. As per which of the following sections of the Income tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN.
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 7
- Income Tax and Corporate Tax - Section 8
- Income Tax and Corporate Tax - Section 9