Salary received by a Member of Parliament is taxable under the head.........................
A) income from salary
B) capital gains
C) profits and gains of business or profession
D) income from other sources
Correct Answer:
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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
Q12: Family pension received by the widow of
Q13: Salary paid by an employer out of
Q15: Interest on capital paid by the firm
Q16: Under Income Tax Act depreciation is allowed
Q17: The rate of depreciation on intangible asset
Q18: Residential status of an assessee is ascertained
Q19: Residential status of taxable entities is..........................
A)fixed in
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