Direct Tax
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Q 1. where the amount of an expenditure claimed as deduction exceeds Rs.10,000, it should be paid by ______
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Q 2. Which of the following tax is allowed as deduction while computing the business income________
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Q 3. If the asset of a particular block is acquired and put to use during the previous year for less than 180 days, the assessee shall be entitled to depreciation___________
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Q 4. Depreciation is allowed in case of __________
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Q 5. M.Who was carrying on agency business, received a sum of Rs.5,00,000 from his principal for termination of agency. Compensation so received shall be _________-
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Q 6. Export incentives received by an assessee are __________
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Q 7. Interest on capital or loan received by a partner from a firm is __________
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Q 8. Perquisite received by the assesses during the course of carrying on his business or profession is taxable under the head _______
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Q 9. Salary, bonus commission or remuneration due to or received by a working partner from the firm is taxable under the head_______
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