Vidyalelo
Commerce · all questions

Income Tax and Corporate Tax
practice.

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816

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An art of lodging tax without actually breaking the law is:

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The rate of depreciation on intangible assets is

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A perk is:

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Assessee other than companies having income under PGBP are required of file return in

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No tax is to be deducted at source, where the aggregate amount of such interest to be paid or credited to the account of payee during the financial year does not exceed

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Which of the following are allowed as 100% deduction?

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Under alternate tax regime, which of the following statement is correct?
(1) Individual assessee can opt for the alternative tax regime u/s 115 BAC.
(2) Total income is computed without availing of blocked incentives.
Select the correct answer from the options given below:

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In the tax avoidance, the provisions law

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Which of the following investment or payments is not eligible for deduction u/s 80C of Income Tax Act 1961?

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Which of the following item is exempt from Income tax that is otherwise paid on all other items?

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A price on goods and services sold by one member of a corporate family to another, such as from a parent to its subsidiary in a foreign country, is known as

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Mr. Pawan was born on 18th April, 1986 in India and later he took citizenship of USA. Neither his parents nor his grandfather were born in undivided India. In this situation Mr. Pawan will be called

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In case total income is enhanced by the Assessing officer by virtue of application of transfer pricing provisions:

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Which of the following is not taxable under the head salaries?

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Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is:

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The income of rent received from agricultural land is

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Consider the following statements.
1. The aggregate amount of deduction under Sections 8oC to 8oU can exceed gross total income.
2. If a deduction is allowed under the above sections to the AoP or Bol, then deductions for the same payment/income will not be allowed to the members of the AoP/BoI.
3. Deduction is allowed only when it is claimed in his return under the heading "C Deductions in respect of certain incomes."
Which of the statement(s) given above is/are correct?

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Rental income received by a foreign individual, from another foreign individual, in respect of the property situated in Delhi is taxable in the hands of:

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The Payment of Gratuity Act came into force in:

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Rate of depreciation on residential building is:

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