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The Income Tax Act 1961 came into force on

A. 13th Oct. 1961

B. 1st April 1961

C. 13th Sept 1961

D. 13th Dec 1961

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  1. TDS, in case of salary should be deposited within
  2. The Income Tax Act 1961 came into force on
  3. Any receipt of casual and non-recurring nature is known as casual income
  4. The apex body of Income Tax Department. is
  5. According to Section 2(7) of Income Tax Act "Assessee" means
  6. Uncommuted pension received by a Government employee is fully exempt from tax.
  7. House Rent Allowance is exempt from tax
  8. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  9. The aggregate amount of deductions under chapter VI-A can not exceed
  10. The income of previous year of an assessee is taxed during the following assessment year
  11. The Income Tax Act, which is still in force in India, was enforced in
  12. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  13. The TDS Certificate issued by an employer to his employees in case of salary income is
  14. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  15. A company is considered to be resident if
  16. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  17. The CBDT consists of
  18. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  19. If both parents are earning then income of a minor child will be clubbed with
  20. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  21. If a self occupied property is converted into HUF property without adequate consideration then
  22. Income of a minor will not be clubbed with his/her parent's income if
  23. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  24. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  25. The term "Person" includes
  26. Expected Rent can be determined in the following way
  27. Tax' is imposed on a person by
  28. Income Tax Act 1922 is a "milestone" because
  29. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  30. Which one of the following taxes is not levied by the State Government?