The income of previous year of an assessee is taxed during the following assessment year
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Which of the following income is / are exempt from tax?
The rates of income tax are specified in
Sec. 234A deals with
Assessment year 2006-07 commenced on
Income of minor child, if clubbed with income of parents, is exempt from tax up to
Which one of the following taxes is not levied by the State Government?
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Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
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The amount of interest on borrowed capital allowable as deduction in case of a let out property is
The apex body of Income Tax Department. is
Income Tax Act 1922 is a "milestone" because
The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
The first income tax act was introduced in the year
The aggregate amount of deductions under chapter VI-A can not exceed
Any receipt of casual and non-recurring nature is known as casual income
PAN is necessary for the following assessees -
The rates of Income Tax are specified in
Uncommuted pension received by a Government employee is fully exempt from tax.
Contribution to superannuation fund is
TDS, in case of salary should be deposited within
Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
No interest is available if the amount of refund of income tax paid is less than
If both parents are earning then income of a minor child will be clubbed with
The Income Tax Act, which is still in force in India, was enforced in
The Income Tax Act 1961 came into force on
The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
The term "Person" includes
Which of the following statements is incorrect?
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