Under Section 15 of Income Tax Act, the salary due in previous years and even if it is not received is _______________.

Related MCQs

• Salary of S (Rs. 40,000 per month) becomes due on the last day of the month but is paid on 7th of next month. Also, salary of April, 2014 and May, 2014 is received in advance in March, 2014. What will be his gross income for Assessment Year 2014-15?
• The house rent allowance (HRA) under the salary head of Income Tax Act is given by_____________.
• According to Section 2(7) of Income Tax Act "Assessee" means a person
• Mr. DS during the previous year 2018-19 made a payment outside India to a nonresident on which TDS was not paid upto time allowed under section 200. However, such TDS was deducted and paid on 30th September 2019. When shall deduction of this expenditure be allowed to assessee?
• Income received or deemed to be received in India (whether accrued in or outside India) is taxable in case of
• Income received or deemed to be received in India (whether accrued in or outside India) is taxable in case of
• The salary, remuneration or compensation received by the partners is taxable under the head _______________.
• The salary, remuneration or compensation received by the partners is taxable under the head _______________.
• Under the Income Tax Act, 1961, depreciation on machinery is charged on _______________.
• Mr. X has started has business from 1st Sept '16 and does not have any other source of income. His first previous year will start from