Income Tax And Corporate Tax - Study Mode
[#261] Monthly pension on retirement is
Correct Answer
(C) Taxable Income under salary head
[#262] Out of the following, which expense is not an admissible expense?
Correct Answer
(C) Income tax
[#263] Which of the following expense/loss is not admissible as deduction while computing income from business and profession?
Correct Answer
(D) Gift on the marriage of an employee
[#264] Unabsorbed depreciation which could not be set off in the same assessment year, can be carried forward upto
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(D) indefinite period
[#265] Under capital gains head of the Income Tax Act, the income from sale of Household Furniture is:
Correct Answer
(D) Exempted Income