Vidyalelo
Commerce · all questions

Income Tax and Corporate Tax
practice.

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Quoting of Permanent Account Number is mandatory is case of a contract for sale or purchase of securities exceeding value of

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Income from the sale of land is a/an:

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The depreciation is allowable expenditure subject to:

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In case of . . . . . . . ., the profit of the . . . . . . . . will be the loss to the . . . . . . . .

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Assessment of escaping income in known as

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Any profit earned from purchasing and selling standing crop is

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Which of the following would attract capital gains tax?

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A new business which maintains accounts on Diwali to Diwali basis for the assessment year 2013-14, the previous years of the said business will be:

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When annual value of one-self occupied house is nil, the assesses will be entitled to the standard deduction of:

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The purpose of transfer pricing was to ensure that the profit of a non-tax holiday segment were not

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Receiving dividend from a foreign company by a person resident in India will be tax liability in the assessment year 2005-06

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The provision for the set off and carry forward of losses in Income Tax Act, 1961 is given under:

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Any mistake apparent from record passed by the authority can be rectified within

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Any commission due or received by a partner of a firm from the firm shall not be regarded as salary income under:

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How many types of taxes can be charged in the invoice under GST?

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CESS is a

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Match the following.
List-I List-II
a. Section 80DDB 1. Interest on certain securities, etc
b. Section 80G 2. Contribution to certain pension funds
c. Section 80L 3. Deduction for medical treatment
d. Section 80CCC 4. Donation to certain funds, etc

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Agricultural income of a taxpayer shall be added to his non-agricultural income only if

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Which section of the Income Tax Act exempted incomes have been mentioned?

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Which of the following statements correctly the approach of customs authorities and direct taxation authorities, when it comes to setting a transfer price?

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