Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum amount of

A. Rs.1,00,000

B. Rs.1,50,000

C. Rs.50,000

D. No limit

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  2. The first income tax act was introduced in the year
  3. Tax' is imposed on a person by
  4. If a self occupied property is converted into HUF property without adequate consideration then
  5. Tax on fringe benefit has been introduced from the assessment year
  6. Uncommuted pension received by a Government employee is fully exempt from tax.
  7. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  8. No interest is available if the amount of refund of income tax paid is less than
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  12. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  13. The Income Tax Act, which is still in force in India, was enforced in
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  15. Every employer should pay fringe benefit tax within
  16. Which of the following statements is incorrect?
  17. Income Tax Act 1922 is a "milestone" because
  18. The income of previous year of an assessee is taxed during the following assessment year
  19. TDS, in case of salary should be deposited within
  20. Assessment year 2006-07 commenced on
  21. The Income Tax Act 1961 came into force on
  22. The term "Person" includes
  23. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  24. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  25. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  26. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  27. The rates of income tax are specified in
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