Income Tax And Corporate Tax - Study Mode
[#296] The value of free accommodation in Delhi provided by employer in the private sector is:
Correct Answer
(B) 15% of salary
[#297] The Company may have the residential status as:
Correct Answer
(A) Resident or Non-resident
[#298] The term casual income does not include
Correct Answer
(C) Capital gain on sale of shares
[#299] Where more than one price is determined by the most appropriate method, the arm's length price shall be taken to be:
Correct Answer
(C) arithmetical mean of such prices
[#300] The income arrived after deductions under Section 80C to 80U from gross total income is known as
Correct Answer
(B) taxable income