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Q. The interest on loan paid by the Government of India to a non-resident outside India is………..in India.

Q. The assessment period for income tax on salary is .

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 is not a case of deemed ownership of house property?

Q. If the individual using the property for the business or professional purpose the income taxable under the……………..head.

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.

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

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. Expected rent shall be higher of .

Q. Arrear rent is taxable after deducting…………..as per Section 25B of the Income Tax Act, 1961.