Q499
Match the items of the List-I with List-II and indicate the correct answer: List-I List-II a. House rent allowance 1. A deduction from income b. Casual income 2. A step taken by tax authorities c. Collection charges of interest on securities 3. Taxable income d. Best judgement assessment 4. Partly taxable allowance
Match the items of the List-I with List-II and indicate the correct answer:
| List-I | List-II |
| a. House rent allowance | 1. A deduction from income |
| b. Casual income | 2. A step taken by tax authorities |
| c. Collection charges of interest on securities | 3. Taxable income |
| d. Best judgement assessment | 4. Partly taxable allowance |
A.
a-4, b-3, c-2, d-1
B.
a-4, b-3, c-1, d-2
AnswerC.
a-3, b-4, c-1, d-2
D.
a-2, b-4, c-1, d-3
Answer: Option B
Solution
Answer: Option B
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