431. If STT is paid, then STCG tax on the transfer of capital asset is …………………………
A. 10%
B. 15%
C. 20%
D. 25%
✅ The correct answer is option B.
SSC
432. Technical know-how acquired after 1.4.98 is eligible for depreciation at……………
A. 10% p.a.
B. 20% p.a.
C. 25% p.a.
D. 40% p.a.
✅ The correct answer is option C.
433. The maximum tax exemption to a senior citizen for the assessment year is ………………….
A. rs: 3,00,000
B. rs: 2,00,000
C. rs: 1,00,000
D. rs: 2,50,000
✅ The correct answer is option D.
434. Excise duty and sales tax are allowed as deduction if paid before………………….
A. late date of filing of return.
B. previous year end.
C. before 31 st december of the previous year.
D. after 31 st december of previous year.
✅ The correct answer is option A.
435. The income tax payable by an individual is Rs:8,562.55. The rounded off tax payable will be …………………….
A. rs: 8,562
B. rs: 8,563
C. rs: 8,560
D. rs: 8,570
✅ The correct answer is option C.
436. Medical reimbursement is exempt up to ……………… if treatment is done in a private hospital.
A. rs: 5,000
B. rs: 10,000
C. rs: 15,000
D. rs: 50,000
✅ The correct answer is option C.
437. The Total income of an individual is Rs: 3,46,994. The rounded off total income will be……………………
A. rs: 3,46,000
B. rs: 3,47,000
C. rs: 3,46,990
D. rs: 3,50,000
✅ The correct answer is option C.
438. Unabsorbed capital expenditure on scientific research can be carried forward for……………
A. 15 years.
B. 14 years.
C. 8 years.
D. 10
✅ The correct answer is option C.
439. Rate of depreciation on residential building is……………..
A. 5%.
B. 10%
C. 15%
D. 20%.
✅ The correct answer is option A.
440. Contribution made to an approved research association is eligible for deduction up to……………..
A. 50%.
B. 80%.
C. 100%.
D. 125%.
✅ The correct answer is option D.