Income Tax Act 1961
Income Tax Rule 1961
Finance Act
Circular of CBDT
C. Finance Act
Rs.1,000
Rs.1,500
Rs.1,200
None of the above
Higher of Municipal Value & Fair Rent
Lower of Municipal Value & Fair Rent
Higher of Municipal Value & Fair Rent subject to maximum of Standard Rent
Any of the above
A businessman whose total turnover is Rs.5,00,001
A charitable trust
Both of the above
None of the above
Income Tax Act 1961
Income Tax Rule 1961
Finance Act
Circular of CBDT
A person by whom any tax or other sum of money is payable
A person by whom any proceeding under the Act has been taken
A person who is deemed to be an assessee in default under any provision of this Act
All of the above
Rs. 1,00,000
Rs. 1,50,000
Rs. 2,00,000
None of the above
True
False
True
False
Rs.1,60,000
Rs.1,30,000
Rs.1,10,000
Rs. 80,000
Such income is earned by that child by applying his/her physical labour,talent or any specialized knowledge
Child is illiterate
Parents are handicapped
the child does not give her consent
True
False
True
False
Income Tax Act, 1961
Income Tax Rules, 1962
Finance Act
Circulars of CBDT
A Registered Firm
An Unregistered Firm
All of the above
None of the above
Within 15 days from the end of the month in which such tax is deducted
Within 30 days from the end of the month in which such tax is deducted
Within 7 days from the end of the month in which such tax is deducted
On the next working day
Rs. 50,000
Gross Total Income
Rs 1,00,000
None of the above
Individual and HUF
Corporate
Partnership firm
None of the above
True
False
True
False
Entire income from such property will be clubbed with the income of the transferor
50% of such income will be clubbed
Such income will not be clubbed
None of the above
The amount of premium paid or Rs.10,000 whichever is higher
The actual amount of premium paid or Rs.10,000 whichever is lower
The actual amount of premium paid or Rs.15,000 whichever is lower
None of the above
Interest in default in furnishing return of income
Interest for concealment of particulars
Interest for default in payment of advance tax
None of the above
The actual amount of interest
Rs.30,000
Rs 30,000 or Actual amount which ever is lower
Rs.1,50,000
It is an Indian Company
During the previous year it's control and management is situated wholly in India
(a) & (b) both
Any of the above
One director & Two Members
One President & Seven Members
One Chairman & Six Members
None of the above.
Resident
Not Ordinarily Resident
Non Resident
All of the above.
One month from the end of each quarter
One week from the end of each quarter
15 days from the end of each quarter
Last day of the quarter
1922
1961
1860
None of the above
Income from salary
Income from House Property
Income from Other Sources
Income from Business and Profession
Income of parent having higher income
Proportionately with both parent's income
Income of parent having lower income
None of the above