Uncommuted pension received by a Government employee is fully exempt from tax.

A. True

B. False

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  1. Sec. 234A deals with
  2. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  3. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  4. If a self occupied property is converted into HUF property without adequate consideration then
  5. A company is considered to be resident if
  6. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  7. According to Section 2(7) of Income Tax Act "Assessee" means
  8. Which of the following statements is incorrect?
  9. The rates of income tax are specified in
  10. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  11. The aggregate amount of deductions under chapter VI-A can not exceed
  12. Expected Rent can be determined in the following way
  13. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  14. Every employer should pay fringe benefit tax within
  15. The TDS Certificate issued by an employer to his employees in case of salary income is
  16. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  17. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  18. Income of a minor will not be clubbed with his/her parent's income if
  19. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  20. The apex body of Income Tax Department. is
  21. For a senior citizen the amount of deduction U/s 80D available is
  22. The first income tax act was introduced in the year
  23. No interest is available if the amount of refund of income tax paid is less than
  24. If both parents are earning then income of a minor child will be clubbed with
  25. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  26. The term "Person" includes
  27. House Rent Allowance is exempt from tax
  28. The CBDT consists of
  29. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  30. Which one of the following taxes is not levied by the State Government?