Income Tax And Corporate Tax - Study Mode

[#106] First 3 alphabets of TAN represent the:
Correct Answer

(C) Jurisdiction code

[#107] Consider the following statements. 1. To file return of income on prescribed date is covered under tax management. 2. Tax planning is always possible without tax management. 3. Tax management is done prior to tax planning. Which of the statement(s) given above is/are correct?
Correct Answer

(A) Both 1 and 2

[#108] Signing of return is covered under Section
Correct Answer

(B) 140

[#109] The Resident HUF is ordinarily resident in India, if:
Correct Answer

(A) He has been resident in India at least 2 years out of 10 previous years immediately

[#110] As per the Income Tax Act, 1961 for the assessment year 2015-16, a deduction u/s 80 QQB for authors of books of literacy, artistic or scientific nature is allowed upto
Correct Answer

(D) Rs. 3,00,000