Income Tax And Corporate Tax - Study Mode
[#391] Application for applying a PAN is given in form no.
Correct Answer
(B) 49A
[#392] Basic condition will be for a person who leaves India for employment
Correct Answer
(A) At least 182 days in India
[#393] The period of 12 months commencing on the first day of April every year and ending on 31 st March is called as:
Correct Answer
(B) Assessment year
[#394] Consider the following statements. Assertion (A): If the interest is payable outside India, tax must be deducted at source. Reason (R): If tax has not been deducted at source, the amount paid as interest will not be allowed as a deduction in computing business income. Select the correct answer from the option given below:
Correct Answer
(A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
[#395] What is the process by which subsidiaries transfer goods and assign prices?
Correct Answer
(A) Transfer pricing