Income Tax And Corporate Tax - Practice Test

(A) If there is a double taxation agreement, then relief will never be available

(B) If there is a double taxation agreement, then relief will always be available

(C) It there is no double taxation agreement, then relief will never be available

(D) If there is no double taxation agreement, then relief will often not be available

(B) If there is a double taxation agreement, then relief will always be available

(A) Rs. 60,000

(B) Rs. 63,000

(C) Rs. 72,000

(D) Rs. 75,000

(C) Rs. 72,000

(A) Income from Other Sources

(B) Income from Business

(C) Salary

(D) None of the above

(B) Income from Business

(A) Assessee is either and individual or a HUF

(B) Assessee is resident of India

(C) Assessee has a dependent disable relative

(D) All of the above

(C) Assessee has a dependent disable relative

(A) Taxable

(B) Non-taxable

(C) Taxable subject to standard deduction of 50%

(D) None of the above

(B) Non-taxable

Income Tax And Corporate Tax - Study Mode