Income Tax And Corporate Tax - Study Mode

[#671] Family pension received by legal heirs of employee is chargeable to tax under the head:
Correct Answer

(B) Income from other sources

[#672] In case of an individual taxpayer, surcharge shall be levied only if the income exceeds the following amount
Correct Answer

(B) One crore rupees

[#673] If assessee is a government servant or an employee in company, cooperative society or university etc, and entitled for relief under Section 89, then he may furnish to his employer such particular in form
Correct Answer

(C) 10H

[#674] The death-cum-retirement gratuity received by the government employee or of local authority is:
Correct Answer

(B) Fully exempted

[#675] A tax return preparer can be an individual, other than 1. any officer of a scheduled bank with which the assessee maintains a current account or has other regular dealings. 2. any legal practitioner, who is entitled to practice in any Civil Court in India. 3. a Chartered Accountant. 4. an employee of the 'specified class or classes of persons'. Select the correct answer using the options given below
Correct Answer

(D) All of the above