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The Income Tax Act, which is still in force in India, was enforced in

A. 1922

B. 1961

C. 1860

D. None of the above

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  1. Any receipt of casual and non-recurring nature is known as casual income
  2. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  3. Tax on fringe benefit has been introduced from the assessment year
  4. A company is considered to be resident if
  5. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  6. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  7. The aggregate amount of deductions under chapter VI-A can not exceed
  8. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  9. Assessment year 2006-07 commenced on
  10. No interest is available if the amount of refund of income tax paid is less than
  11. Sec. 234A deals with
  12. The CBDT consists of
  13. The rates of Income Tax are specified in
  14. Income Tax Act 1922 is a "milestone" because
  15. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  16. TDS, in case of salary should be deposited within
  17. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  18. Uncommuted pension received by a Government employee is fully exempt from tax.
  19. Expected Rent can be determined in the following way
  20. The Income Tax Act, which is still in force in India, was enforced in
  21. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  22. For a senior citizen the amount of deduction U/s 80D available is
  23. Which of the following statements is incorrect?
  24. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  25. Which one of the following taxes is not levied by the State Government?
  26. According to Section 2(7) of Income Tax Act "Assessee" means
  27. The apex body of Income Tax Department. is
  28. The income of previous year of an assessee is taxed during the following assessment year
  29. The TDS Certificate issued by an employer to his employees in case of salary income is
  30. The rates of income tax are specified in