The aggregate amount of deductions under chapter VI-A can not exceed

A. Rs. 50,000

B. Gross Total Income

C. Rs 1,00,000

D. None of the above

You can do it
  1. Any receipt of casual and non-recurring nature is known as casual income
  2. House Rent Allowance is exempt from tax
  3. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  4. A company is considered to be resident if
  5. Which of the following income is / are exempt from tax?
  6. Assessment year 2006-07 commenced on
  7. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  8. Expected Rent can be determined in the following way
  9. Tax on fringe benefit has been introduced from the assessment year
  10. Every employer should pay fringe benefit tax within
  11. Sec. 234A deals with
  12. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  13. According to Section 2(7) of Income Tax Act "Assessee" means
  14. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  15. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  16. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  17. The CBDT consists of
  18. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  19. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  20. Tax' is imposed on a person by
  21. If both parents are earning then income of a minor child will be clubbed with
  22. Which of the following statements is incorrect?
  23. No interest is available if the amount of refund of income tax paid is less than
  24. Uncommuted pension received by a Government employee is fully exempt from tax.
  25. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  26. The first income tax act was introduced in the year
  27. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  28. The rates of Income Tax are specified in
  29. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  30. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…