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Q. Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is .

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

Q. The Income tax rate for the financial year 2016-17 for individual is…………..

Q. Any commission due or received by a partner of a firm from the firm shall not be regarded as salary income under .

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

Q. The salary of Member of Parliament is taxable under the head .

Q. Expected rent shall be higher of .

Q. The value of interest-free concessional loans to employees is determined on the basis of lending rates of for the same purpose.

Q. Value of rent-free accommodation or a house owned by employer in case of non-government employees with above 25 lakh population is .

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