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  1. Expected Rent can be determined in the following way
  2. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  3. For a senior citizen the amount of deduction U/s 80D available is
  4. Assessment year 2006-07 commenced on
  5. The first income tax act was introduced in the year
  6. Which of the following income is / are exempt from tax?
  7. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  8. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  9. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  10. Tax on fringe benefit has been introduced from the assessment year
  11. House Rent Allowance is exempt from tax
  12. Income Tax Act 1922 is a "milestone" because
  13. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  14. Uncommuted pension received by a Government employee is fully exempt from tax.
  15. The rates of Income Tax are specified in
  16. The Income Tax Act, which is still in force in India, was enforced in
  17. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  18. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  19. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  20. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  21. Which of the following statements is incorrect?
  22. The apex body of Income Tax Department. is
  23. The aggregate amount of deductions under chapter VI-A can not exceed
  24. If a self occupied property is converted into HUF property without adequate consideration then
  25. The rates of income tax are specified in
  26. Sec. 234A deals with
  27. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  28. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  29. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  30. PAN is necessary for the following assessees -