Income Tax And Corporate Tax - Study Mode
[#796] TDS on payments to contractor is covered under Section
Correct Answer
(C) 194C
[#797] Authors who write books and present the same to publishers can avail deductions under Section 80QQB of the Income Tax Act 1961. The maximum amount available for deduction under this section is:
Correct Answer
(C) Rs. 3,00,000 or original amount of royalty amount received (whichever is less)
[#798] In tax laws, donation to approved and notified association for scientific research is allowed as
Correct Answer
(D) 150% of the donation
[#799] In regards to tax planning, which of the following is correct?
Correct Answer
(C) It is reduction in tax liability to minimum
[#800] The provisions relating to taxation of indirect transfer of shares of an Indian company were introduced Vide Finance Act, 2012 as a consequence of which of the following decisions of the Supreme Court?
Correct Answer
(B) Vodafone International Holding BV vs UOl