Higher of Municipal Value & Fair Rent
Lower of Municipal Value & Fair Rent
Higher of Municipal Value & Fair Rent subject to maximum of Standard Rent
Any of the above
C. Higher of Municipal Value & Fair Rent subject to maximum of Standard Rent
Interest in default in furnishing return of income
Interest for concealment of particulars
Interest for default in payment of advance tax
None of the above
Resident
Not Ordinarily Resident
Non Resident
All of the above.
Heads
It introduced the concept of "resident but not ordinarily resident"
This Act is still in force in India
Govt to the Central govt.
Form 16
Form 26
Form 26A
Form 26Q
Entire income from such property will be clubbed with the income of the transferor
50% of such income will be clubbed
Such income will not be clubbed
None of the above
True
False
True
False
Income from salary
Income from House Property
Income from Other Sources
Income from Business and Profession
True
False
Rs.1,000
Rs.1,500
Rs.1,200
None of the above
1922
1961
1860
None of the above
Individual and HUF
Corporate
Partnership firm
None of the above
Rs. 1,00,000
Rs. 1,50,000
Rs. 2,00,000
None of the above
Within 15 days from the end of the month in which such tax is deducted
Within 30 days from the end of the month in which such tax is deducted
Within 7 days from the end of the month in which such tax is deducted
On the next working day
True
False
The actual amount of interest
Rs.30,000
Rs 30,000 or Actual amount which ever is lower
Rs.1,50,000
Treated as fringe benefit
Not considered as fringe benefit
Depends on the amount of contribution
None of the above
Rs. 50,000
Gross Total Income
Rs 1,00,000
None of the above
True
False
Entertainment tax
VAT
Professional tax
None of the above.
Higher of Municipal Value & Fair Rent
Lower of Municipal Value & Fair Rent
Higher of Municipal Value & Fair Rent subject to maximum of Standard Rent
Any of the above
Finance Ministry of Central Govt.
Central Govt. of India.
CBDT
Dept. of Revenue
True
False
1918
1861
1860
1886
Rs.150000 & 30000 respectively
Rs.150000 & 120000 respectively
Rs.120000 & 30000 respectively
None of the above.
Such income is earned by that child by applying his/her physical labour,talent or any specialized knowledge
Child is illiterate
Parents are handicapped
the child does not give her consent
Rs.1,00,000
Rs.1,50,000
Rs.50,000
No limit
A businessman whose total turnover is Rs.5,00,001
A charitable trust
Both of the above
None of the above
The amount of premium paid or Rs.10,000 whichever is higher
The actual amount of premium paid or Rs.10,000 whichever is lower
The actual amount of premium paid or Rs.15,000 whichever is lower
None of the above
True
False