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Q. The awards and rewards are exempted from Income Tax if .

Q. The income received and accrued outside India from a business controlled or profession set up in India, the tax incidence in case of resident is .

Q. An individual is resident and ordinarily resident of India if .

Q. Which section of the Income Tax Act exempted incomes have been mentioned?

Q. HRA is………………..

Q. At the time of devolution ___________ would be the cost of the asset.

Q. Gifts received from relatives on the occasion of marriage would be

Q. ____________are capital assets.

Q. ‘Derivatives’ is a general term for financial assets that are “derived” from other_______________.