Q581
Open questionAdvance tax shall be payable during the financial year, only when the amount of such advance tax payable by the assessee during that year is
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Commerce · all questionsIncome Tax and Corporate Tax
Income Tax and Corporate Tax
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Q582
Open questionAmount received from unrecognised provident fund is
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Q583
Open questionIncome of a person leaving India who has no present intention of returning to India is charged to tax in the previous year itself. In this case, the total income of such individual up to shall be charged to tax in that assessment year.
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Q584
Open questionWhich of the following is the casual income?
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Q585
Open questionDue date for filing return of in case of firm, whose accounts are required to be audited is
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Q586
Open questionWhat type of transfer price involves crediting the market price to the selling division and debiting the variable cost to the buying division?
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Q587
Open questionAcrylic Ltd. sourced its new materials from Breeze Ltd. The relationship of associated enterprises would be established when Acrylic Ltd. buys raw material from Breeze Ltd. exceeding:
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Q588
Open questionAn income by way of rent of agricultural land is:
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Q589
Open questionThe depreciation allowance is charged of written down value on intangible assets at the rate of:
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Q590
Open questionWhich of the following is true for reverse merger?
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Q591
Open questionIn which of the following assessment procedure, assessees compute his taxable income as well as tax on it?
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Q592
Open questionIn Tax credit method,
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Q593
Open questionScholarship received by a student to meet the cost of education is
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Q594
Open questionWhich of the following reason shall be deemed as the income has escaped assessment?
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Q595
Open questionUnder the Income Tax Act, 1961 the education cess of (2% + 1%) is calculated on the amount of:
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Q596
Open questionWhich of the following section applies, if a person is required to deduct tax under PAN in place of TAN as such person is not required to obtain TAN?
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Q597
Open questionOn salary payable by the Government of India outside India to an Indian citizen-
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Q598
Open questionA Ltd has a wholly owned subsidiary in Sri Lanka and it extends corporate guarantee to the said non-resident subsidiary. If the amount guaranteed is Rs. 95 crore, the assessing officer has to accept the guarantee fee declared by A Ltd for financial year 2018-19, if the guarantee fee declares is
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Q599
Open questionThe income from the sale of a machinery used in business is treated as:
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Q600
Open questionMr. Ram owns a house property. He lent it to Laxman at Rs. 10,000 p.m. Laxman sublet it to Mr. Maruti on monthly rent of Rs. 20,000 p.m. Rental income of Ram is taxable under the head:
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