Income Tax And Corporate Tax - Study Mode
[#306] Which of the following is a taxable income?
Correct Answer
(C) Interest on Govt. securities
[#307] Age of senior citizen as per income tax
Correct Answer
(D) 60 years or more
[#308] When the asset is purchased or acquired under hire-purchase/instalment system, the depreciation is . . . . . . . . in computing income.
Correct Answer
(A) allowed
[#309] Which of the following statement is true? 1. The due date of first instalment of advance tax is 15 th July. 2. The due date of second instalment of advance tax is 15 th September. 3. The due date of third instalment of advance tax is 15 th January. 4. The due date of final instalment of advance tax is 15 th March.
Correct Answer
(B) Both 2 and 4 are true
[#310] The provisions regarding TDS on Salaries are contained in:
Correct Answer
(C) Section 192