Income tax act mcq
WebTaxation MCQs Q. A tax that takes a larger percentage from high-income earners than it does from low-income earners is called (A) proportional tax (B) progressive tax (C) regressive tax (D) suppressive tax The answer is: (B) progressive tax Q. Which from the following is NOT an indirect type of tax? (A) Income Tax (B) Sales Tax (C) Custom Tax WebArt, Commerce & Science College Bodawad Internal Examination Sub -Income Tax Class-Ty Bcom. MCQ- Total Marks- 100. The Income tax Act extends to a) Whole of india b) Whole …
Income tax act mcq
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Webmultiple choice questions and answers on income tax Questions Download PDF 1 Under the income- tax act, the incidence of taxation depends on........ A The citizenship of the tax … WebIncome Tax MCQ Questions and Answers: Here learn quiz questions on Income Tax Act and download pdf 50 questions. Test Your Answer Click Option Button Page: 2/6
WebIncome Tax objective Questions and Answers pdf download, Here learn quiz questions on Income Tax Act and download pdf 50 questions and online test. WebIncome Tax Act was passed in the year_____. Section 10 0f Income Tax Act deals with _____. Section 89 of the Income tax Act deals with ..... Income of political parties is not to be included in total income if certain conditions are satisfied. The relevant section of IT Act 1961 is. Rates of Income tax are fixed under .....
WebFeb 17, 2024 · Multiple Choice Questions on TDS on Fees for Professional or Technical Services – Section 194J of Income Tax Act. MCQ 1 – TDS on Professional Fees. Shyam … Web1.Income tax is one of the form of Direct Taxes 2.This tax is Levi able and collected under Income -tax Act, 1961 a) Only 1 b ) Bo th 1&2 C)Only'2 d) Both wrong sentence 4.CBDT …
WebJan 31, 2024 · Income Tax MCQs Multiple Choice Questions with Answers (2024 – 23) Choose the Correct Options 1. Income from salary includes: a) Basic payments b) Allowances c) Perquisites d) All of the above Ans: d) All of the above 2. Which of the following components of salary is fully taxable? a) Overtime payments b) Bonus c) …
WebINCOME FROM HOUSE PROPERTY Set 1 Chapter: INCOME FROM HOUSE PROPERTY Solved MCQs in Business Taxation Chapters INCOME TAX ACT 1961 INCOME FROM SALARY INCOME FROM HOUSE PROPERTY CAPITAL GAIN ASSESSMENT OF VARIOUS ENTITIES MISCELLANEOUS COMPUTATION OF TOTAL TAXABLE INCOME OF AN … haste wotrhttp://jmpcollege.org/downloads/Introduction_and_Definitions.pdf boo roo and tigger tooWeb3. Income Tax Act 4. Net tax liability 5. Rate of tax 6. Finance minister 7. Parliament 8. Determination of total income (a) Income tax act (b) 1st April 1961 (c) Approves finance … booroo boots for womenWebMCQ Questions and Answers on Income Tax Act Home Income Tax Act MCQ Questions and Answers on Income Tax Act: Here learn most important objective questions and … boorong peopleWebFeb 6, 2024 · 1. Income Tax Act was passed in the year………. A) 1934 B) 1956 C) 1961 D) 1972. 2. Income Tax Act came into force on………… A)1. st April 1935 B) 1. st April ... booroo boots australian merino woolWebNov 23, 2024 · This notes will cover MCQS OF DIRECT TAXATION. MCQS are designed for MBA Students. Sonal Patil Follow Assistant Professor Advertisement Advertisement Recommended Income from house property ppt Devansh Tiwari 88 views • 19 slides Exempted income under income tax act Altacit Global 27k views • 16 slides booroodabin community \u0026 recreation club incWebFeb 10, 2024 · INCOME TAX Multiple Choice Questions (MCQ) with answers part - 2 knowledge today February 10, 2024 0 INCOME TAX - 2 101.Under the head Income from House Property the basis of charge is ……………………… A) Rent Received B) Gross Annual Value C) Annual Value D) Municipal Value 102.Foreign house property’s income is taxable only … ha stewart