Income tax act mcq
Webmultiple choice questions and answers on income tax Questions Download PDF 1 Under the income- tax act, the incidence of taxation depends on........ A The citizenship of the tax … http://jmpcollege.org/downloads/Introduction_and_Definitions.pdf
Income tax act mcq
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WebA) Chargeable under the Wealth-tax Act, 1957 B) Not chargeable under the Income-tax C) Chargeable under section 17(3)(i) D) Chargeable under section 28(ii) (a). 169. DSK, an LLP had taken key man insurance policy on the life of its managing partner.
WebCA Final Direct Tax Laws –MCQ On Income Tax Rate &Basic Concept Of Income Tax D. 1st September, 2024 to 31st January, 2024 Income of business commenced on 1st March, 2024 will be assessed in assessment year- A. 2024- B. 2024- C. 2024- D. 2024- WebNov 23, 2024 · This notes will cover MCQS OF DIRECT TAXATION. MCQS are designed for MBA Students. Sonal Patil Follow Assistant Professor Advertisement Advertisement Recommended Income from house property ppt Devansh Tiwari 88 views • 19 slides Exempted income under income tax act Altacit Global 27k views • 16 slides
WebIncome Tax MCQ Questions and Answers: Here learn quiz questions on Income Tax Act and download pdf 50 questions. Page: 6/7. WebIncome Tax MCQ Questions and Answers, Here learn quiz questions on Income Tax Act and download pdf 50 questions and online test. Toggle navigation Study 2 Online. Home; CCC; Tally; GK in Hindi Study Material Income Tax Act MCQ - English . Set 1 Set 2 Set 3 GK in Hindi. Indian Politics;
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:
WebThe income tax rate for short term capital gains specified in Sec.111A is: A. 10%. B. 15%. C. 20%. D. 30%. cuphead dlc backgroundWebIncome Tax Act was passed in the year_____. Section 10 0f Income Tax Act deals with _____. Section 89 of the Income tax Act deals with ..... Income of political parties is not to be included in total income if certain conditions are satisfied. The relevant section of IT Act 1961 is. Rates of Income tax are fixed under ..... easy cartoon people drawingWebINCOME 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 … easycart.plWebUnder 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. easy cartoon video makerWebb. 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 … easy cartoon trivia questions and answersWebMar 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 … easy cartridgeWebFeb 6, 2024 · 1. Income Tax Act was passed in the year………. A) 1934 B) 1956 C) 1961 D) 1972. 2. Income Tax Act came into force on………… A)1. st April 1935 B) 1. st April ... easycart review