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Q. Income tax rate for the senior citizens for year 2016-17 is .

Q. Expenditure on free meals to employee in excess of………………per meal will be treated as perquisite of employee.

Q. Deduction for other expenses except interest in the computation of income from house property is allowable to the extent of .

Q. The children education allowance, the amount exempted from taxable income is limited to

Q. Interest on loan for self-occupied house taken before 1st April, 1999 will be allowed up to

Q. Total income is to be rounded off to nearest multiple of …………….and tax is to be rounded off to nearest multiple of .

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

Q. Which of the following are true regarding taxing the rich?

Q. Mr. Shushant is the owner of a house, the details of which are given below the gross annual value would be Municipal value ` 36,000 Actual rent ` 32,000 Fair Rent ` 36,000 Standard Rent ` 40,000

Q. ,67,000. While computing income from house property, the deduction is allowable to the extent of .