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Q. Income tax is collected on all types of income except .

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

Q. Advance salary is taxable and advance against salary is .

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

Q. Gift to employee up to p.a. will not be treated as perquisite taxable in the hands of employee.

Q. The rate of tax for the financial year 2016-17 for the foreign companies is

Q. Mr. R owns a house. The Municipal value of the house is ` 50,000. He paid ` 8,000 as local taxes during the year. He uses this house for his residential purposes but lets out half of the house @ ` 3,000 p.m. The annual value of the house is.