Income Tax And Corporate Tax - Study Mode
[#501] According to the Income tax act, which of the following is agricultural income
Correct Answer
(D) Rent received from agricultural land
[#502] Income accrued outside India and received outside India is taxable in case of:
Correct Answer
(A) Resident and ordinary resident (ROR) only
[#503] Income accrued in India is taxable-
Correct Answer
(A) for all taxpayers
[#504] . . . . . . . . is an arrangement that provides a person with the use and control over an asset, for a price payable periodically, without having a title of ownership.
Correct Answer
(A) Lease
[#505] For computation of Gross Annual Value, if actual rent is more than expected rent, then we select the:
Correct Answer
(A) Actual rent