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Q. Encashment of earned leave is given by………………. of Income Tax Act, 1961.

Q. The following is exempt income from Income Tax:.

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

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

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

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

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

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

Q. If loan granted by employer to employee does not exceed …………., it is not treated as perquisite to employee for purpose of income tax.

Q. Tax Liability for the individual for 2016-17 who is not the resident of the India whose income ` 2,50,000 to ` 5,00,000 is……………….