Income Tax And Corporate Tax - Study Mode

[#431] Rate of income tax on different slabs of income in case of an individual assessee are
Correct Answer

(B) increasing

[#432] The rate of depression on machinery is allowed up to:
Correct Answer

(B) 15%

[#433] Revised return is covered under Section
Correct Answer

(B) 139(5)

[#434] Quoting of Permanent Account Number is mandatory is case of a contract for sale or purchase of securities exceeding value of
Correct Answer

(B) Rs. 1,00,000

[#435] Income from the sale of land is a/an:
Correct Answer

(A) Non-agricultural income