Income Tax And Corporate Tax - Study Mode
[#171] If the taxable income of a domestic company for the assessment year 2019-20 is Rs. 9,00,000, its tax liability will be
Correct Answer
(B) Rs. 2,78,100
[#172] Due date of furnishing return of income in case of a company is
Correct Answer
(D) 30 th September of the assessment year
[#173] The definition of the person includes:
Correct Answer
(A) An individual
[#174] 'Arm's length price' means a price which is applied or proposed to be applied in a transaction:
Correct Answer
(A) between persons other than associated enterprises, in uncontrolled conditions
[#175] The cost of own asset is . . . . . . . . in computing the income.
Correct Answer
(B) not deductible