21. Education cess and secondary higher education cess is liable on
22. In which of the following cases, dividend tax is not charged?
1. With effect from 1st April, 2009, the amount of dividend paid to any person for, on behalf of the New Pension System Trust.
2. When the dividend is interim.
3. If such dividend is paid by accumulated profit.
4. If dividend distributed on or after 1st April, 2005 out of income generated from special economic zone.
Select the correct answer using the options given below
1. With effect from 1st April, 2009, the amount of dividend paid to any person for, on behalf of the New Pension System Trust.
2. When the dividend is interim.
3. If such dividend is paid by accumulated profit.
4. If dividend distributed on or after 1st April, 2005 out of income generated from special economic zone.
Select the correct answer using the options given below
23. Bond washing transaction is done
24. Advance ruling can resolve complex issues arising under . . . . . . . . where a difference of opinion may exist.
25. The term 'income' includes the following types of receipts
26. The daily allowance received by a Member of Parliament is
27. Which one of the following statement is not correct?
28. Salary received by a partner from partnership firm will be included in income from
29. Medium of tax planning are
30. The aggregate of income computed under each head, after giving effect to the provision for clubbing of income and set off of losses is known as
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