Income tax act mcq
WebJan 31, 2024 · Income Tax MCQs Multiple Choice Questions with Answers (2024 – 23) Choose the Correct Options 1. Income from salary includes: a) Basic payments b) Allowances c) Perquisites d) All of the above Ans: d) All of the above 2. Which of the following components of salary is fully taxable? a) Overtime payments b) Bonus c) … WebMar 1, 1971 · Question and answers in INCOME TAX ACT 1961, INCOME TAX ACT 1961 Multiple choice questions and answers, INCOME TAX ACT 1961 Important MCQs, Solved MCQs for INCOME TAX ACT 1961, INCOME TAX ACT 1961 MCQs with answers PDF …
Income tax act mcq
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WebIncome Tax MCQ Questions and Answers: Here learn quiz questions on Income Tax Act and download pdf 50 questions. Test Your Answer Click Option Button Page: 2/6 WebINCOME FROM HOUSE PROPERTY Set 1 Chapter: INCOME FROM HOUSE PROPERTY Solved MCQs in Business Taxation Chapters INCOME TAX ACT 1961 INCOME FROM SALARY INCOME FROM HOUSE PROPERTY CAPITAL GAIN ASSESSMENT OF VARIOUS ENTITIES MISCELLANEOUS COMPUTATION OF TOTAL TAXABLE INCOME OF AN …
Web5. The Present Income Tax Act is known as: a. Income Tax Act,1922 b. Income Tax Act,1886 c. Income Tax Rule, 1962 d. Income Tax Act, 1961 6. The period of 12 months commencing on 1 st day of April every year is known as: a. The Previous Year b. The Accounting Year c. The Assessment Year d. The Financial Year 7. The definition of income is: WebMCQ Questions and Answers on Income Tax Act Home Income Tax Act MCQ Questions and Answers on Income Tax Act: Here learn most important objective questions and …
WebTaxation MCQs Q. A tax that takes a larger percentage from high-income earners than it does from low-income earners is called (A) proportional tax (B) progressive tax (C) regressive tax (D) suppressive tax The answer is: (B) progressive tax Q. Which from the following is NOT an indirect type of tax? (A) Income Tax (B) Sales Tax (C) Custom Tax WebUnder the Income-tax Act, 1961, dividend derived from the shares held as stock-in-trade aretaxable under head – A. Income from other sources B. Income from profits and gains of business or profession C. Capital gains D. Either capital gains or income from profits and gains of business or profession 151.
Webb. 12% tax payable if total income exceeds ` 10 lakhs c. 12% of tax payable if total income exceeds ` 50 lakhs d. 10% of tax payable if total income exceeds ` 50 lakhs does not …
WebIncome Tax objective Questions and Answers pdf download, Here learn quiz questions on Income Tax Act and download pdf 50 questions and online test. campervan habitation check scotlandWebApr 13, 2024 · Get Income-tax and Corporate Tax Planning Multiple Choice Questions (MCQ Quiz) with answers real detailed solutions. Download these Free Income-tax and Corporate Tax Planning MCQ Quiz Pdf and prepare with your future exams Like Banking, SSC, Railway, UPSC, State PSC. camper van hire alburyWebNov 12, 2024 · Question: Income tax is levied on those individuals Option 1: whose income is less than exempted limit in any previous year Option 2: whose income is more than … campervan gas safety check near meWebMar 6, 2024 · Latest Income Tax MCQ Objective Questions Income Tax Question 1: On which of the following income, direct tax is not applicable? household property … campervan hire apsleyWebJan 31, 2024 · Income tax Multiple Choice Questions (MCQs) with answers Assessment Year 2024 – 23 (Previous year 2024 – 22) In this page you get Income Tax MCQs with … camper van heaterWebArt, Commerce & Science College Bodawad Internal Examination Sub -Income Tax Class-Ty Bcom. MCQ- Total Marks- 100. The Income tax Act extends to a) Whole of india b) Whole … campervan graphics and decalsWebFeb 17, 2024 · Multiple Choice Questions on TDS on Fees for Professional or Technical Services – Section 194J of Income Tax Act. MCQ 1 – TDS on Professional Fees. Shyam … camper van hayling island