Income Tax And Corporate Tax - Study Mode
[#781] Medium of tax planning are
Correct Answer
(D) All of these
[#782] The aggregate of income computed under each head, after giving effect to the provision for clubbing of income and set off of losses is known as
Correct Answer
(A) gross total income
[#783] The income received and accrued outside India from a business controlled or profession set up in India, the tax incidence in case of resident is:
Correct Answer
(A) Taxable
[#784] The assessment period for income tax on salary is:
Correct Answer
(C) Only 12 months
[#785] Consider the following statements. 1. Tax avoidance is temporary. 2. Tax planning is temporary in nature, while tax avoidance is permanent. 3. Certain conditions relating to Sections of Act are to be complained in tax management. Which of the statement(s) given above is/are correct?
Correct Answer
(B) Both 1 and 3