Income tax is a
A) Direct tax
B) Indirect tax
C) Neither of the above
D) Both of the above
Correct Answer:
Verified
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
Q12: Income tax is paid by every individual
Q14: Income tax is collected by
A)state government
B)central government
C)Semi-Government
D)All
Q15: Assessee includes any person in respect of
Q16: The residential status of an Individual can
Q17: Citizenship is the criteria of assessment
A)true
B)false
C)somewhat agree
D)partially
Q18: An individual is said to be resident
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