The basic exemption limit in case of a non-resident firm is:

Related MCQs

• The basic exemption limit for a resident super senior citizen above the age of 80 is
• Monetary limit for exemption in the case of encashment of earned leave on superannuation received by private sector employee is
• Long term capital gain arising from transfer of unlisted securities in the hands of nonresident / foreign company is chargeable to tax at
• The threshold exemption limit for Equalization levy is?
• Maximum amount of exemption available in respect of amount received under voluntary retirement scheme is:
• U/s 54, capital gain will be allowed as exemption if the house property under transfer is held for
• Statutory limit u/s.16(ii) for deduction of entertainment allowance in case of a nonGovernment employee is
• Where a partner of a firm transfers any capital asset to the firm by way of capital contribution, for the purpose of computing capital gain in the hands of the partner, the amount of deemed consideration is
• In the case of a domestic company (turnover/gross receipts Rs. 70 crores), the basic rate of income-tax applicable for computing as per normal provisions would be ________, when the turnover of the company has been Rs. 45 crores in the previous year relevant to the assessment year 2017-18. (Note: Ignore surcharge, education cess, etc.)
• In case of loss, a partnership firm may claim deduction in respect of remuneration to partner to the extent of: