Home

Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be

A. Rs. 1,00,000

B. Rs. 1,50,000

C. Rs. 2,00,000

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  2. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  3. PAN is necessary for the following assessees -
  4. The Income Tax Act, which is still in force in India, was enforced in
  5. The term "Person" includes
  6. For a senior citizen the amount of deduction U/s 80D available is
  7. Uncommuted pension received by a Government employee is fully exempt from tax.
  8. Expected Rent can be determined in the following way
  9. Every employer should pay fringe benefit tax within
  10. Tax' is imposed on a person by
  11. Which of the following statements is incorrect?
  12. The CBDT consists of
  13. Income of a minor will not be clubbed with his/her parent's income if
  14. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  15. Contribution to superannuation fund is
  16. The income of previous year of an assessee is taxed during the following assessment year
  17. The Income Tax Act 1961 came into force on
  18. House Rent Allowance is exempt from tax
  19. Which one of the following taxes is not levied by the State Government?
  20. The aggregate amount of deductions under chapter VI-A can not exceed
  21. If a self occupied property is converted into HUF property without adequate consideration then
  22. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  23. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  24. The rates of income tax are specified in
  25. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  26. The rates of Income Tax are specified in
  27. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  28. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  29. According to Section 2(7) of Income Tax Act "Assessee" means
  30. Which of the following income is / are exempt from tax?