Income from the sale of a house hold furniture is a/an:

Related MCQs

• The annual value of a house property is Rs:1,40,000. Mr. X and Mr. Y are equal co- owners of the house. X’s income from house property shall be:
• The unabsorbed loss under “Income from house property” shall be carried forward and set-off in subsequent assessment years up to a maximum of ............................... years against income from house property.
• The rate of depreciation applicable to furniture is:
• Under which section, a firm is eligible for exemption in respect of long term capital gain arising from the sale of a residential house:
• An assessee paid Rs: 64,000 as interest on a loan taken in the P.Y 2018-19 for the renovation of self-occupied house. While computing income from H.P, he is eligible for deduction to the extent of:
• According to Income Tax Act, there are.................heads of income.
• is the base of computation of income under the head “income from H.P”
• The inclusion of others’ income in the income of an assessee is called:
• When the income of minor child is included in the income of parent, then parent is entitled to an exemption up to:
• HRA received by an employee who is living in own house is: