For the purpose of income tax, depreciation is charged on:

Related MCQs

• Income tax is a .................tax.
• For Income Tax purpose, a senior citizen is an individual who the age of :
• According to Income Tax Act, there are.................heads of income.
• Income Tax Act, 1961 came into force on:
• Income tax was levied in India first time in:
• The rate of income tax is fixed under:
• Income tax was introduced in India for the first time by:
• Under Income Tax Act, which of the following entities comes under the term “Person”:
• Income Tax Department works under:
• The income tax rate for short term capital gains specified in Sec.111A is: