Income Tax And Corporate Tax - Study Mode
[#21] Income which accrue or arise outside India from a business controlled from India is taxable in case of
Correct Answer
(B) both ordinarily resident and not ordinarily resident
[#22] First instalment of advance tax payable falls due on or before
Correct Answer
(A) 15 th June
[#23] If the assesses let out the building or staff quarters to the employee of business, the rent collected from such employees is assessable as income from:
Correct Answer
(C) Other Sources
[#24] Section 80L deduction has been abolished-
Correct Answer
(D) from assessment year 2006-07
[#25] Ram is super senior citizen and non-resident Indian. The Income Tax exemption limit for Ram is:
Correct Answer
(D) Rs. 2,50,000