WebTaxation 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) regressive tax (D) suppressive tax The answer is: (B) progressive tax Q. Which from the following is NOT an indirect type of tax? (A) Income Tax (B) Sales Tax (C) Custom Tax WebFeb 6, 2024 · 1. Income Tax Act was passed in the year………. A) 1934 B) 1956 C) 1961 D) 1972. 2. Income Tax Act came into force on………… A)1. st April 1935 B) 1. st April ...
Income Tax :- Introduction and Important Objective [MCQ] Question
WebApr 3, 2024 · Income-tax Question 1: वित्त विधेयक 2024 के अनुसार नए शासन के तहत आयकर की निम्नलिखित में से कौन सी दर लागू नहीं है? 15% 20% 25% 30% Answer (Detailed Solution Below) Option 3 : 25% India's Super Teachers for all govt. exams Under One Roof FREE Demo Classes Available* Enroll For Free Now Income-tax Question 1 Detailed Solution सही … WebINCOME FROM HOUSE PROPERTY Set 1 Chapter: INCOME FROM HOUSE PROPERTY Solved MCQs in Business Taxation Chapters INCOME TAX ACT 1961 INCOME FROM SALARY INCOME FROM HOUSE PROPERTY CAPITAL GAIN ASSESSMENT OF VARIOUS ENTITIES MISCELLANEOUS COMPUTATION OF TOTAL TAXABLE INCOME OF AN … brij cs20 croda
Income Tax MCQ [Free PDF] - Objective Question Answer …
Web5. The Present Income Tax Act is known as: a. Income Tax Act,1922 b. Income Tax Act,1886 c. Income Tax Rule, 1962 d. Income Tax Act, 1961 6. The period of 12 months commencing on 1 st day of April every year is known as: a. The Previous Year b. The Accounting Year c. The Assessment Year d. The Financial Year 7. The definition of income is: WebA) Chargeable under the Wealth-tax Act, 1957 B) Not chargeable under the Income-tax C) Chargeable under section 17(3)(i) D) Chargeable under section 28(ii) (a). 169. DSK, an LLP had taken key man insurance policy on the life of its managing partner. WebNov 12, 2024 · Question: Income which accrue or arise outside India from a business controlled from India is taxable in case of Option 1: resident only Option 2: both ordinarily resident and non ordinarily resident Option 3: non-resident Option 4: All of the above Answer: B bri jcb