A. rs: 15,000
B. rs: 25,000
C. rs: 50,000
D. rs: 5,000
✅ The correct answer is option D.
Income Tax MCQs
………………………. section deals with exempted incomes.
A. section 80
B. section 17
C. section 10
D. section 23
✅ The correct answer is option C.
The amount received from URPF is ……………………..
A. taxable
B. exempted
C. exempted, subject to certain conditions
D. none of the above
✅ The correct answer is option A.
Dividend from an Indian company is ………………….
A. fully taxablbe
B. fully exempted
C. partly taxable
D. none of the above
✅ The correct answer is option B.