The awards and rewards are exempted from Income Tax if .
A) payment is in cash
B) payment is in kind
C) payment is in cash or in kind
D) none of the above
Correct Answer:
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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
Q12: Income received in India whether occurred in
Q13: Income received in India whether occurred in
Q14: Income received in India whether occurred in
Q15: Income deemed to be received in India
Q16: The income received and accrued outside India
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