Exempted incomes are defined under section................
A) 15 of income tax act.
B) 18 of income tax act
C) 10 of income tax act.
D) 20 of income tax act.
Correct Answer:
Verified
Q2: Incomes absolutely exempt from Tax are listed
Q3: Scholarship granted is...................
A)fully exempted.
B)fully taxable.
C)partly exempt
Q4: Any payments made under and awards instituted
Q5: Allowances of MP/M.L.A / or M.L.C are.
A)fully
Q6: The existing Maximum Marginal Rate of tax
Q7: Which of the following is not included
Q8: Share of income from firm is................
A)taxable in
Q9: The periodic payment of money for the
Q10: Pension is taxable under ..........................head.
A)salary
B)house property
C)capital gains
D)other
Q11: . Salary received by a partner from
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