The apex body of Income Tax Department. is

A. Finance Ministry of Central Govt.

B. Central Govt. of India.


D. Dept. of Revenue

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  1. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  2. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  3. TDS, in case of salary should be deposited within
  4. The rates of income tax are specified in
  5. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  6. The first income tax act was introduced in the year
  7. Contribution to superannuation fund is
  8. If both parents are earning then income of a minor child will be clubbed with
  9. The Income Tax Act 1961 came into force on
  10. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  11. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  12. For a senior citizen the amount of deduction U/s 80D available is
  13. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  14. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  15. Which of the following statements is incorrect?
  16. Tax' is imposed on a person by
  17. The TDS Certificate issued by an employer to his employees in case of salary income is
  18. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  19. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  20. The aggregate amount of deductions under chapter VI-A can not exceed
  21. No interest is available if the amount of refund of income tax paid is less than
  22. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  23. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  24. Assessment year 2006-07 commenced on
  25. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  26. A company is considered to be resident if
  27. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  28. Tax on fringe benefit has been introduced from the assessment year
  29. Every employer should pay fringe benefit tax within
  30. Which one of the following taxes is not levied by the State Government?