Income tax act mcq

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August undefined, 2024

WebMCQ Questions and Answers on Income Tax Act: Here learn most important objective questions and answers on income tax and test online. Set 1. Learn MCQ English. Set 2. …

Deduction and Collection of tax at source MCQ [Free PDF

WebQuestions. Download PDF. 1 The period of 12 months commencing on the rt day of April every year is known as ____________ _. A Financial Year. B Assessment Year. C Previous … WebThe basic source of income-tax law is . (a) Income-tax Act, 1961 (b) Income-tax Rules, 1962 (c) Circulars/Notifications (d) Judgments of Courts (a) Also Q7. Income Tax Act came into force on . (a) 1.4.1961 (b) 1.4.1962 (c) 1.4.1956 (d) 1.4.1965 (a) Q8. Income Tax Act contains sections (a) XIV (b) 297 (c) XV (d) 298 Q23. Q9. daughter in law mothers day quotes

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WebApr 3, 2024 · पाईये Income-tax उत्तर और विस्तृत समाधान के साथ MCQ प्रश्न। इन्हें मुफ्त में डाउनलोड करें Income-tax MCQ क्विज़ Pdf और अपनी आगामी परीक्षाओं जैसे बैंकिंग, SSC, रेलवे, UPSC, State PSC की ... Web5. The Present Income Tax Act is known as: a. Income Tax Act,1922 b. Income Tax Act,1886 c. Income Tax Rule, 1962 d. Income Tax Act, 1961 6. The period of 12 months … WebNov 12, 2024 · Income Tax MCQs for UGC Net : Get access to the latest 50 Free MCQ'S on Income Tax prepared with NTA-UGC-NET Exams course curated by ugcnetpaper1. … daughter-in-law mothers day card

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INCOME TAX ACT 1961 solved MCQ

WebMar 1, 1971 · As per Income Tax Act, 1961, income tax is charged on the income of at a rates which are prescribed by the Finance Act of relevant assessment year. A. current year: B. one year before previous year: C. previous year: D. none of the above: Answer» C. … WebFeb 6, 2024 · 1. Income Tax Act was passed in the year………. A) 1934 B) 1956 C) 1961 D) 1972. 2. Income Tax Act came into force on………… A)1. st April 1935 B) 1. st April ... bkk to chiang rai flightsWebNov 23, 2024 · Income tax is a tax on –Income 75. The Income Tax Act, 1961 has 298 – Sections 6. MULTIPLE CHOICE QUESTIONS Subject- Direct Taxation 76. The _____ makes the amendment in the form of omissions, insertions and substitutions in the Income Tax Act. – Finance Act 77. The Income Tax Act extends to _____ of India – Whole India 78. bkk to cnx flight

"WebMar 8, 2024 · Get Goods and Services Tax (GST) Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. ... Wealth Tax, according to the Wealth Tax Act, 1957, ... Income tax is a direct tax that is paid to the government on the income of persons or corporations that are expected to pay taxes. " - Income tax act mcq

Income tax act mcq

Income Tax MCQs For UGC Net : 50 Free MCQ On Income Tax

WebCA Final Direct Tax Laws –MCQ On Income Tax Rate &Basic Concept Of Income Tax D. 1st September, 2024 to 31st January, 2024 Income of business commenced on 1st March, 2024 will be assessed in assessment year- A. 2024- B. 2024- C. 2024- D. 2024- WebThe Annual Value has been defined under of Income Tax Act, 1961. A. section 20: B. section 22: C. section 23(1) D. section 23: Answer» C. section 23(1) discuss 2. ... , INCOME FROM HOUSE PROPERTY Multiple choice questions and answers, INCOME FROM HOUSE PROPERTY Important MCQs ...

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WebJan 31, 2024 · 24) The income tax was introduced in Indian for the first time in 1860 by British rulers. 25) Section 10 (10) of the Income-tax Act relates to Gratuity. 26) Advance … WebIncome Tax MCQ with Answers PDF Guru Gobind Singh Indraprastha University income tax mcq with answers pdf basic concept (bold text answers) income tax is direct. ... Income tax act 1961 came in to force on A) 1st April 1960 B) …

WebNov 10, 2024 · Income Tax Law and Practice MCQ for those who are preparing the income tax exam .Here I have given Income Tax MCQ with Answers Pdf 2024 also. ... Income tax … WebApr 13, 2024 · Get Income-tax and Corporate Tax Planning Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. Download these Free Income-tax and Corporate Tax Planning MCQ Quiz Pdf and prepare for your upcoming exams Like Banking, SSC, Railway, UPSC, State PSC. ... Hence Section 80E of the Income Tax Act, of 1961 …

WebQuestion and answers in Income Tax Law and Practice, Income Tax Law and Practice multiple choice questions and answers, Income Tax Law and Practice Important MCQs, … WebNov 11, 2024 · Basic Concepts of Income Tax MCQ. MCQs on other topics of Taxation; Cost Accounting MCQs pdf ; 1. Income tax extends to ……………….. of India.

WebMULTIPLE CHOICE QUESTIONS. Income Tax Act, 1961 came into force on: a. 1– 1 – 1961 b. 1– 4 – 1961 c. 1– 1 – 1962 d. 1– 4 – 1962. Income tax was levied in India first time in: a. 1960 b. 1860 c. 1921 d. 1961. The rate of income tax is fixed under: a. Income Tax Act b.

Web200A(1) can be rectified by the Income Tax Authorities under section 154. (a) True (b) False Correct answer : (a) Justification of correct answer : As per section 154, any mistake apparent from the record can be rectified by the Income Tax Authorities in following cases: a) Any order passed under any provisions of the Income-tax Act. daughter-in-law mothers day quotesWebIncome Tax MCQ Questions and Answers: Here learn quiz questions on Income Tax Act and download pdf 50 questions. Test Your Answer Click Option Button Page: 2/7 bkkt institutional ownershipWebJul 1, 2024 · Q47. Various income tax authority defined under section: A. 116. B 115. C. 114. D.118. 48. The provision regarding income tax authority appointmented by central government under section: A. 116. B. 115. C. 117. D. 119. 49. Circulars and Notifications are binding on the. Central Board of Direct Taxes (CBOT) Assessee; Income Tax Appellate ... daughter in law mothers day poemWebApr 3, 2024 · Income-tax Question 2 Detailed Solution. The correct answer is ₹25,000, ₹7,00,000. Key Points Rebate under section 87A: In order to provide tax relief to the … bkk to dubai air ticket priceWebThis post of MCQ is on provisions relating to clubbing provisions under Income Tax Act. Answer to MCQ 53.1: C) Income of wife will not be clubbed in the hands of Mr.X since Mr.X is not having substantial interest in the firm. Answer to MCQ 53.2: B) Shall not be Clubbed in the hands of husband since he transfers a loan without adequate ... bkk thai street food frankfurtWeb5. The Present Income Tax Act is known as: a. Income Tax Act,1922 b. Income Tax Act,1886 c. Income Tax Rule, 1962 d. Income Tax Act, 1961 6. The period of 12 months commencing on 1 st day of April every year is known as: a. The Previous Year b. The Accounting Year c. The Assessment Year d. The Financial Year 7. The definition of income is: daughter in law mothers day wisheshttp://www.jmpcollege.org/Adminpanel/AdminUpload/Studymaterial/TYBMS%20SEM%20V%20D%20TAX%20ATKT%20STUDY%20MATERIAL.pdf daughter in law mothers day sayings