Income Tax And Corporate Tax - Study Mode

[#616] Advance tax shall be payable during the financial year, only when the amount of such advance tax payable by the assessee during that year is
Correct Answer

(A) Rs. 10,000 or more

[#617] Amount received from unrecognised provident fund is
Correct Answer

(D) None of the above

[#618] Income of a person leaving India who has no present intention of returning to India is charged to tax in the previous year itself. In this case, the total income of such individual up to shall be charged to tax in that assessment year.
Correct Answer

(A) The probable date of his departure from India

[#619] Which of the following is the casual income?
Correct Answer

(D) Winning from lotteries

[#620] Due date for filing return of in case of firm, whose accounts are required to be audited is
Correct Answer

(C) 30 th September