Income Tax And Corporate Tax - Study Mode
[#396] Exemption under section 10(37) is available to:
Correct Answer
(A) An individual or a HUF
[#397] Unabsorbed speculation business loss can be carried forward only for a period of
Correct Answer
(A) 4 assessment years
[#398] Under Sec. 194 IB of the Income Tax Act, 1961 an individual or HUF (who is not required to get his accounts audited u/s 44 AB) who is responsible for paying to a resident any rent, shall deduct income tax, for the use of any land and building or both, if the rent exceeds
Correct Answer
(A) 50,000 per month
[#399] Form for filing the returns of income for individuals having income from salary/pension/income from house property is
Correct Answer
(A) ITR-1 SAHAJ
[#400] Losses can be set-off and carry forward only if
Correct Answer
(A) return of loss is filed under Section 139(1)