Income Tax Authorities are grouped into two main wings; Administrative and…………….. October 4, 2025 by Admin A. judicial. B. managerial. C. executives. D. clerical. ✅ The correct answer is option A.
The highest Administrative Authority for Income Tax in India is………… October 4, 2025 by Admin 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? October 4, 2025 by Admin 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 ………………….. October 4, 2025 by Admin 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………………….. October 4, 2025 by Admin 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……. October 4, 2025 by Admin 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………………. October 4, 2025 by Admin A. 30th june. B. 31st august. C. 31st july. D. 30th november. ✅ The correct answer is option C.
In case of residential status of HUF ,firm and AOP if control and management are wholly outside India they are deemed as……………… October 4, 2025 by Admin A. resident. B. ordinarily resident. C. non resident D. none of these. ✅ The correct answer is option C.
An Indian company’s residential status is that it is always………………… October 4, 2025 by Admin A. resident. B. non resident. C. ordinarily resident. D. none of these. ✅ The correct answer is option A.
Salary paid by an Indian company to its employees working in one of its branches outside India is………………………….. October 4, 2025 by Admin A. salary accruing in india. B. salary deemed to accrue in india. C. salary accruing outside india. D. none of these. ✅ The correct answer is option A.