Income Tax And Corporate Tax - Study Mode
[#451] Match List-I with List-II and select the correct answer: List I List II a. Sec 6 (i) 1. Agriculture Income b. Sec 10AA 2. Leave Travel Concession c. Sec 10(1) 3. Resident d. Sec 10(5) 4. Leave Salary Choose the correct option from those given below:
Correct Answer
(D) a-3, b-4, c-1, d-2
[#452] Which of the following is not a capital asset under capital gains head of income?
Correct Answer
(A) Stock in trade
[#453] Match List-I with List-II and select the correct answer: List-I List-II a. Tax planning 1. Making suitable arrangement of TDS b. Tax avoidance 2. Understatement of income c. Tax evasion 3. Availing deduction under Section 10 (A) of IT Act d. Tax administration 4. Misinterpreting the provisions of the IT Act
Correct Answer
(C) a-3, b-4, c-2, d-1
[#454] An ordinarily resident is who follows:
Correct Answer
(A) Both basic and additional conditions
[#455] If a person is resident in any previous year, then in the next previous year
Correct Answer
(D) Any one of the three