For the purpose of Fringe Benefit Tax, the term 'Employer' does not include

A. Individual and HUF

B. Corporate

C. Partnership firm

D. None of the above

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  1. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  2. A company is considered to be resident if
  3. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  4. According to Section 2(7) of Income Tax Act "Assessee" means
  5. The CBDT consists of
  6. Which of the following income is / are exempt from tax?
  7. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  8. If a self occupied property is converted into HUF property without adequate consideration then
  9. The rates of Income Tax are specified in
  10. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  11. The Income Tax Act, which is still in force in India, was enforced in
  12. The income of previous year of an assessee is taxed during the following assessment year
  13. Every employer should pay fringe benefit tax within
  14. The first income tax act was introduced in the year
  15. Sec. 234A deals with
  16. House Rent Allowance is exempt from tax
  17. Income Tax Act 1922 is a "milestone" because
  18. PAN is necessary for the following assessees -
  19. Uncommuted pension received by a Government employee is fully exempt from tax.
  20. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  21. Expected Rent can be determined in the following way
  22. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  23. The Income Tax Act 1961 came into force on
  24. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  25. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  26. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  27. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  28. Which of the following statements is incorrect?
  29. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  30. Tax on fringe benefit has been introduced from the assessment year