A. 2%
B. 1%
C. 3%
D. 5%
✅ The correct answer is option A.
Agriculture Income is __________.
A. taxable
B. not taxable
C. partly taxable
D. none of this above
✅ The correct answer is option B.
Section 10 0f Income Tax Act deals with _________.
A. deductions
B. exempted incomes
C. income from salary
D. casual incomes
✅ The correct answer is option B.
Income Tax Authorities are grouped into two main wings; Administrative and……………..
A. judicial.
B. managerial.
C. executives.
D. clerical.
✅ The correct answer is option A.
The highest Administrative Authority for Income Tax in India is…………
A. finance minister.
B. cbdt.
C. president of india.
D. director of income tax.
✅ The correct answer is option B.
What are the exemption limit in Hostel Expenditure Allowance?
A. rs.200pm
B. rs.300pm
C. rs.400pm
D. rs.500pm
✅ The correct answer is option B.
Rates of Income tax are fixed under …………………..
A. an ordinance
B. the income tax act
C. the finance act
D. notification of cbdt
✅ The correct answer is option C.
The number allotted by income tax authorities to assessees for identification and which should be quoted in all documents and correspondence is…………………..
A. i.d. no.
B. register no.
C. permanent account number (pan).
D. licence no.
✅ The correct answer is option C.
Deduction of tax at source made for incomes which can be calculated in advance is called…….
A. t.d.s.
B. p.a.s.
C. f.a.s.
D. m.a.s.
✅ The correct answer is option A.
Due date of filing of return by a non business assessee is……………….
A. 30th june.
B. 31st august.
C. 31st july.
D. 30th november.
✅ The correct answer is option C.