Income tax is paid by every individual depending on his

Related MCQs

• As per Income Tax Act, 1961, income tax is charged on the income of at a rate which are prescribed by the Finance Act of relevant assessment year.
• For the purposes of computing minimum alternate tax under Section 115B(a) of the Income Tax Act, 1961, the book profit need not to be increased by inter alia, the amount of deferred tax debited to the profit and loss account.
• Every assesse has to file return of income if their taxable income exceeds
• As the income goes up, the slab of income tax rate goes
• As the income goes down, the slab of income tax rate goes
• Which of the following is not included in the term Income under the Income Tax Act, 1961?
• Mr. X has started his business from 2nd Sept,2019 and does not have any other source of Income, his first previous year will start from
• In the case of every senior citizen resident in India, tax rebate under section 87A is ______.
• The Income Tax Act, was enacted in:
• Income tax is a