Income from salary
Income from House Property
Income from Other Sources
Income from Business and Profession
C. Income from Other Sources
Income Tax Act 1961
Income Tax Rule 1961
Finance Act
Circular of CBDT
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
Rs. 50,000
Gross Total Income
Rs 1,00,000
None of the above
True
False
True
False
Rs.150000 & 30000 respectively
Rs.150000 & 120000 respectively
Rs.120000 & 30000 respectively
None of the above.
Resident
Not Ordinarily Resident
Non Resident
All 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
Entertainment tax
VAT
Professional tax
None of the above.
Income Tax Act, 1961
Income Tax Rules, 1962
Finance Act
Circulars of CBDT
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
True
False
True
False
Rs. 1,00,000
Rs. 1,50,000
Rs. 2,00,000
None of the above
Form 16
Form 26
Form 26A
Form 26Q
1922
1961
1860
None of the above
Payments received from family income by a member of a HUF
Share of profit received by a partner of a partnership firm.
Any income of an educational institution and hospitals
All of the above
2000-01
2006-07
2005-06
2004-05
A Registered Firm
An Unregistered Firm
All of the above
None of the above
Treated as fringe benefit
Not considered as fringe benefit
Depends on the amount of contribution
None of the above
State Govt.
Central Govt.
Both of the above
None of the above
True
False
Finance Ministry of Central Govt.
Central Govt. of India.
CBDT
Dept. of Revenue
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
Heads
It introduced the concept of "resident but not ordinarily resident"
This Act is still in force in India
Govt to the Central govt.
Income of parent having higher income
Proportionately with both parent's income
Income of parent having lower income
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
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
A businessman whose total turnover is Rs.5,00,001
A charitable trust
Both of the above
None of the above
Rs. 5,000
50% of total tax assessed
10% of total tax assessed
100% of total tax assessed