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Q. Assessment year is the period of 12 months commencing from_every year.

Q. Perquisite received by the assessee during the course of carrying on his business or profession is taxable under the head.

Q. 14 Income from shares of a public company set up in any special Industrial zone is exempt up to-------- years from the date of commencement of commercial production.

Q. Agricultural income from foreign is taxable

Q. The residential status of an Individual can be:

Q. Deduction in respect of contribution to pension scheme of central government comes under _____________of Income Tax Act, 1961.

Q. Deduction under Section 80C can be claimed for fixed deposit made in any scheduled bank, if the minimum period of deposit is .

Q. _________ of Income Tax Act is related to residential status.

Q. Assesee means a person from whome

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