Assesee means a person from whome
A) Tax is to be collected
B) Tds is to be deducted
C) Advance tax is collected
D) all of the above
Correct Answer:
Verified
Q1: The Income Tax Act, was enacted in:
A)1921
B)1951
C)1961
D)1981
Q2: Mr. X has started his business from
Q3: In Assessment year, the tax will be
Q5: Agriculture income is exempt in India:
A)True
B)False
C)Somewhat agree
D)Neither
Q6: Agricultural income from foreign is taxable
A)True
B)False
C)Somewhat agree
D)Neither
Q7: Sale of land is a
A)Capital Receipt
B)Revenue Receipt
C)Both
Q8: Sales of goods is a
A)Revenue Receipt
B)Capital Receipt
C)Both
Q9: As the income goes up, the slab
Q10: The financial year starts from
A)1st Jan to
Q11: Person includes
A)AOP
B)BOI
C)Company
D)All of the above
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