Grossing up of interest on securities is required when...................
A) interest is received after t.d.s.
B) they are central govt. securities.
C) the interest on bank deposit is less than rs. 10,000.
D) none of these.
Correct Answer:
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Q9: Tax on long term capital gain is..................
A)10%.
B)20%.
C)30%.
D)25%.
Q10: Income from other sources is a.................
A)residuary head
Q11: Which one of the following is not
Q12: Which of the following income from other
Q13: Dividends from co-operative society are........................
A)exempted.
B)taxable.
C)partially exempt
D)d. partially
Q15: Tax is reduced from casual incomes at....................
A)10%
Q16: Interest on Bank Term Deposits is subject
Q17: Rate of T.D.S for unlisted securities, including
Q18: Speculation Loss can be carried forward for.................
A)8
Q19: Which of the following is not a
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