Income Tax and Corporate Tax MCQ Questions and Solutions with Explanations | Commerce
Income Tax and Corporate Tax MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Income Tax and Corporate Tax MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-1 section-6
Each section contains 100 MCQs on
Income Tax and Corporate Tax .
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:
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
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.