Income Tax Law and Practices

M

Mr. Dubey • 51.17K Points
Coach

Q 41. Sales tax collected from the buyer of the goods is

(A) Capital receipt
(B) Revenue receipt
(C) Deferred revenue receipt
(D) Profits in lieu of salary
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 42. If total income is up to 5,00,000 then the late fees of filing ROI is

(A) 1,000
(B) 5,000
(C) 3,000
(D) NONE OF THESE
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 43. if total income is up to 50,000 then the late fees of filing ROI IS

(A) 1,000
(B) 2,000
(C) 3,000
(D) NONE OF THESE
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 44. .The due date of filing return of income in case of company is

(A) 30th September
(B) 31st march
(C) 1stapril
(D) none of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 45. Every assesse has to file return of income if their taxable income exceeds

(A) gross total income
(B) total income
(C) net income
(D) basic exemption limit
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 46. Deduction under 80 QQB is available in respect of

(A) royalty income
(B) health
(C) education
(D) none of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 47. Deduction under section 80E is available on

(A) education
(B) health
(C) life
(D) none of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 48. Deduction under section 80DDB is available to the extent of

(A) 40,000
(B) 20,000
(C) 30,000
(D) None of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 49. Deduction under sec 80DD is available to the extent of

(A) Rs 75,000
(B) Rs 50,000
(C) Rs 25,000
(D) None of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 50. Deduction under section 80DD is available to

(A) dependent
(B) disabled dependent
(C) Less dependent
(D) None of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share