Income tax is collected on all types of income except .
A) agricultural income
B) industrial income
C) capital gain
D) household property
Correct Answer:
Verified
Q2: The Income Tax Act came into force
Q3: The Income Tax Act came into force
Q4: As per Income Tax Act, 1961, income
Q5: The tax payer liability is determined with
Q6: As per the definition of Income, the
Q7: The period of 12 months commencing on
Q8: Previous year means the financial year immediately
Q9: Agricultural income is completely exempted for assessment
Q10: The income from foreign companies by providing
Q11: The awards and rewards are exempted from
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