Income distributed by a fund other than a money market mutual fund or a liquid fund to an individual or HUF is subject to CDT at the rate of

Related MCQs

• Income distributed by a money market mutual fund or liquid fund is taxable @------
• The income tax rate on long term capital gains for an individual is …………..
• Under the Income-tax Act, 1961, which of the following outlays incurred by Sun Ltd. during the previous year ended 31st March, 2019 will not be admissible as deduction while computing its business income
• An assessee was engaged in the business of dealing in commodities. He had paid Commodities transaction tax of Rs.15,000 in respect of the taxable commodities transactions. Income arising of Rs 3,00,000 from such taxable commodities transactions was included in the income computed under the head "Profits and gains of business or profession”. Such expenditure of payment of Commodities transaction tax shall be considered as
• How many heads of income are there to compute gross total income?
• The total income of a domestic company is taxable at the rate of -------
• The total income of a non domestic company is taxable at the rate of----
• Which of the following is not taxable under the head income from other sources?
• If the tax liability of a company is less than 18.5% of its book profits, the company is liable to pay MAT at the rate of ------
• Flat rate of corporate tax for a domestic company with annual turnover more than Rs250 crore is