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

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. The house rent allowance (HRA) under the salary head of Income Tax Act is given by

Q. ………………..standard deduction from annual value is allowed.

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

Q. …………. is exempted from income tax.

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

Q. If the employee receives retirement gratuity from more than one employer, he can claim exemption in respect of .

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

Q. Income received in India whether occurred in India or outside India, the tax incidence in case of resident but not ordinarily resident is .