Income tax act mcqs
Web16UBI513 - INCOME TAX MULTIPLE CHOICE QUESTIONS. K1 - LEVEL. Income Tax Act was passed in the year _____. 1947 1950 1961 1991. Life Insurance Corporation of India is a _____. AOP Firm Company Individual _____ is an artificial person registered under Indian Companies Act 1956. Individual Company Firm Local Authority WebFeb 10, 2024 · 149.Under the Income Tax Act,1961, depreciation on machinery is charged on A) Purchase price of the machinery B) Written down value of the machinery C) Market price of the machinery D) All of the above
Income tax act mcqs
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WebMar 6, 2024 · Get Income Tax Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. Download these Free Income Tax MCQ Quiz Pdf and prepare for your … 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) …
WebS u b -I n co me Tax Cl ass-Ty Bco m. MCQ -100 To tal Marks- 100 1. The Income tax Act extends to a) W h o l e o f i n d i a b) Whole of India except Jammu & Kashamir c) Whole of … 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. ...
WebThese CS Executive Tax Laws Notes on Scope of Total Income ( Section 5 of Income Tax Act, 1961) are updated for June 2024 and Dec 2024 Exams. These notes are beneficial for ICSI New Syllabus. Visit here for => CS Executive Online Classes. Subscribe our CS Executive Online/Video Classes. 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 ...
WebThe term Assessment Year is defined under Section 2 (9) of Income Tax Act, 1961. Assessment Year means the period of 12 months commencing on the 1 st day of April every year (means 1 st April to 31 st March). It means every financial year is an assessment year. Assessment Year is a relative term.
WebSolved MCQs for Income Tax Law and Practice, With PDF download and FREE Mock test ... Under Income Tax Act, which of the following entities comes under the term “Person”: A. … can i get tapeworm from my catWebCA Final Direct Tax Laws –MCQ On Income Tax Rate &Basic Concept Of Income Tax. MULTIPLE CHOICE QUESTIONS BASICS OF INCOME TAX LAW. The Central Government … fitts seafoodWebMar 1, 1971 · Business Taxation Solved MCQs Chapters INCOME TAX ACT 1961 INCOME FROM SALARY INCOME FROM HOUSE PROPERTY CAPITAL GAIN ASSESSMENT OF VARIOUS ENTITIES ... The Income Tax Act came into force from . A. 1st march 1971: B. 1st april 1971: C. 1st march 1961: D. 1st april 1961: Answer» D. 1st april 1961 can i get tax credits self employedWebNov 11, 2024 · Basic Concepts of Income Tax MCQ 50 Free MCQs Business Management MCQs (Free Resource). Useful for NET, SET, MPS, UPSC, MBA, CAT, CET, MMS, PGDM, Mcom, BBA, Bcom ... can i get tapeworms from my dogWebIncome Tax General Knowledge Multiple Choice Questions(MCQs) and Answers. These Income Tax GK Quiz or General Awareness quiz objective questions answers are very … fitts roberts kolkhorst \u0026 co p.cWebNov 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. fitts roberts portalWebTaxation MCQs. Q. A tax that takes a larger percentage from high-income earners than it does from low-income earners is called. (A) proportional tax. (B) progressive tax. (C) … fitts roberts kolkhorst \u0026 co. p.c