Income Tax And Corporate Tax - Study Mode
[#101] Capital assets like equity shares which are listed in a recognized stock exchange in India will be treated as short-term capital assets if they are held by the taxpayer for a period of not more than following months immediately preceding the date of its transfer.
Correct Answer
(A) 12
[#102] An individual who transfers house property without an adequate consideration to his owner spouse or to minor child is called as:
Correct Answer
(B) Deemed Owner
[#103] Income received or deemed to be received in India (whether accrued in or outside India) is taxable in case of:
Correct Answer
(D) All of the above
[#104] The certain amendments have been done to Section 54 of Income Tax Returns Act, 1961 for 2020-21. Which of the amendment/s doles apply or do not apply?
Correct Answer
(C) Both A and B
[#105] Tax . . . . . . . . is tax hedging within the frame of law.
Correct Answer
(D) avoidance