The rate of depreciation on intangible asset is ......................
A) 5%
B) 15%
C) 20%
D) 25%
Correct Answer:
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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
Q14: Salary received by a Member of Parliament
Q15: Interest on capital paid by the firm
Q16: Under Income Tax Act depreciation is allowed
Q18: Residential status of an assessee is ascertained
Q19: Residential status of taxable entities is..........................
A)fixed in
Q20: As per the first basic condition to
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