Income Tax And Corporate Tax - Study Mode
[#551] The technique of keeping the tax liability at the minimum level without violating tax laws and without defeating the main intention of law is called
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(C) tax planning
[#552] Assertion (A) A person can not be liable to pay income tax for the income earned by the another person. Reason (R) Income tax department is governed by the CBDT. Which of the following is correct?
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(A) Both (A) and (R) are true
[#553] In order to claim relief under the tax treaty in India, a non-resident
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(C) should produce Tax Residency Certificate (TRC)
[#554] As per section 208, every person whose estimated tax liability for the year is Rs. 10,000 or more, shall pay his tax in advance, in the form of . Advance tax is to be paid in different instalments. In case of assessees other than companies, the following is advance tax rate to be payable on or before of 15 th September:
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(B) Minimum 15% of advance tax 45%
[#555] Which of the following will make return defective, if not attached?
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(D) All of the above