Vidyalelo
Commerce · Q142

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 142

Q142

House property hold by a political party:

A.
Fully taxable
B.
Partly taxable
C.
Exemption allowed 50% of the annual value
D.
Fully exempted
Answer
E.
Exempted only for a stipulated period of time

Answer: Option D

Solution

Answer: Option D
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