📊 Business Taxation
Q. The income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
  • (A) section 15
  • (B) section 20
  • (C) section 14
  • (D) section 16
💬 Discuss
✅ Correct Answer: (A) section 15

You must be Logged in to update hint/solution

💬 Discussion

Related Posts

Q. An individual who transfers house property without an adequate consideration to his owner spouse or to minor child is called as .

Q. …………..comes under agricultural income.

Q. The Payment of Gratuity Act came into force in…………...

Q. If the assesses let out the building or staff quarters to the employee of business, the rent collected from such employees is assessable as income from .

Q. The entertainment allowance is applicable to .

Q. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible up to a maximum amount of .

Q. Value of rent-free accommodation or a house owned by employer in case of non-government employees with above 25 lakh population is .

Q. The way of tax liability by taking full advantage provided by the Act is .

Q. Mr. A, partner of M/s ABC, is assessable as .

Q. ……………is the casual income.

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play

📊 Question Analytics

👁️
1015
Total Visits
📽️
2 y ago
Published
🎖️
Admin
Publisher
📈
98%
Success Rate