The TDS Certificate issued by an employer to his employees in case of salary income is
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If an assessee makes an absolute transfer of an asset without any consideration then any income from…
PAN is necessary for the following assessees -
Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
The apex body of Income Tax Department. is
Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
Sec. 234A deals with
No interest is available if the amount of refund of income tax paid is less than
Every employer should pay fringe benefit tax within
Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
The aggregate amount of deductions under chapter VI-A can not exceed
If both parents are earning then income of a minor child will be clubbed with
Tax on fringe benefit has been introduced from the assessment year
Which of the following statements is incorrect?
The first income tax act was introduced in the year
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…
A company is considered to be resident if
According to Section 2(7) of Income Tax Act "Assessee" means
The Income Tax Act 1961 came into force on
The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
For a senior citizen the amount of deduction U/s 80D available is
Income Tax Act 1922 is a "milestone" because
Uncommuted pension received by a Government employee is fully exempt from tax.
Income of a minor will not be clubbed with his/her parent's income if
The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
The amount of interest on borrowed capital allowable as deduction in case of a let out property is
The Income Tax Act, which is still in force in India, was enforced in
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