The tax payer liability is determined with reference to his or her .

Related MCQs

• 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.
• The income from foreign companies by providing the services in project connected with security of India is _________ from tax liability.
• 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.
• Income tax is paid by every individual depending on his
• 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
• The Income Tax Act, was enacted in:
• In Assessment year, the tax will be calculated at
• As the income goes up, the slab of income tax rate goes
• Income tax is a
• Income tax is collected by