91. In which of the following assessment procedure, assessees compute his taxable income as well as tax on it?
92. In Tax credit method,
93. Scholarship received by a student to meet the cost of education is
94. Which of the following reason shall be deemed as the income has escaped assessment?
95. Under the Income Tax Act, 1961 the education cess of (2% + 1%) is calculated on the amount of:
96. Which of the following section applies, if a person is required to deduct tax under PAN in place of TAN as such person is not required to obtain TAN?
97. On salary payable by the Government of India outside India to an Indian citizen-
98. A Ltd has a wholly owned subsidiary in Sri Lanka and it extends corporate guarantee to the said non-resident subsidiary. If the amount guaranteed is Rs. 95 crore, the assessing officer has to accept the guarantee fee declared by A Ltd for financial year 2018-19, if the guarantee fee declares is
99. The income from the sale of a machinery used in business is treated as:
100. Mr. Ram owns a house property. He lent it to Laxman at Rs. 10,000 p.m. Laxman sublet it to Mr. Maruti on monthly rent of Rs. 20,000 p.m. Rental income of Ram is taxable under the head:
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