The first income tax act was introduced in the year
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Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
When a person has paid the security transaction tax on transfer of equity shares he does not have to…
House Rent Allowance is exempt from tax
The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
Uncommuted pension received by a Government employee is fully exempt from tax.
The amount of interest on borrowed capital allowable as deduction in case of a let out property is
Sec. 234A deals with
Which one of the following taxes is not levied by the State Government?
The apex body of Income Tax Department. is
According to Section 2(7) of Income Tax Act "Assessee" means
PAN is necessary for the following assessees -
Tax' is imposed on a person by
Tax on fringe benefit has been introduced from the assessment year
No interest is available if the amount of refund of income tax paid is less than
Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
The TDS Certificate issued by an employer to his employees in case of salary income is
Income Tax Act 1922 is a "milestone" because
Which of the following statements is incorrect?
The aggregate amount of deductions under chapter VI-A can not exceed
The rates of Income Tax are specified in
YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
A company is considered to be resident if
Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
The income of previous year of an assessee is taxed during the following assessment year
Income of minor child, if clubbed with income of parents, is exempt from tax up to
TDS, in case of salary should be deposited within
Which of the following income is / are exempt from tax?
Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
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