As per the definition of Income, the income includes the following .

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.
• The definition of the person includes .
• The agricultural income includes .
• Children education allowance is exempt up to per month per child for two children.
• Children hostel allowance is exempt up to per month per child for
• Which of the following is not included in the term Income under the Income Tax Act, 1961?
• A person with the age of or more is considered as a super senior citizen as per Income tax Act.
• As the income goes up, the slab of income tax rate goes
• As the income goes down, the slab of income tax rate goes
• Receipt of Income and remittance of income are different things