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Commerce · all questions

Income Tax and Corporate Tax
practice.

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816

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In which date, the Income Tax Act is enforced in India?

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ADEN Rules, 1953 is related to which of the following?

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Which of the following is/are agricultural income?
1. Income from growing flowers and creepers.
2. Income from dairy farming.
3. Rent for agricultural land received from sub-tenants by mortgagee in possession.
Select the correct answer using the options given below

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Gratuity received by a government employee is

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Consider the following statements.
Assertion: Tax avoidance is an art of avoiding tax without actually breaking the law.
Reason: Avoidance of tax is not illegal.

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Causes of tax evasion is/are

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Deduction of tax at source for insurance commission is at:

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In case of make or buy decision, the product is consumable one, raw material or required to replace a worn out part at the time of repair, its cost will be treated as . . . . . . . . expense and deductible in computing the income.

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Any individual, who is resident in any previous year, in the next previous year, he shall be

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Under Section 194B and 194BB of Income Tax Act, tax is deductible @ . . . . . . . . on payment in respect of winnings from lotteries or cross word puzzles etc.

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In which of the following cases, income of previous year is assessable in the previous year itself?

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Agricultural income of Pakistan is taxable for

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Which of the following is the acknowledgement of filing the return of income?

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Central Government may enter into an agreement, with the government of any country outside India under Section 90 for granting relief in respect of

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Under the Head Income from House Property, which of the following is the basis of charge of Property?

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Person is defined u/s . . . . . . . .

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Residence rule provides that income is to be taxed in the country

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Application for applying a PAN is given in form no.

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Basic condition will be for a person who leaves India for employment

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The period of 12 months commencing on the first day of April every year and ending on 31st March is called as:

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