In case of a hospital built in specified area after 31.3.2008 fulfilling the required conditions laid down in Section 80IB-(11C), the profits and gains derived from running the hospital are

Related MCQs

• Gain arising from the disposal of _________ is taxable under the head capital gains.
• Maximum amount of deduction in case of a person with severe disability under section 80U will be .
• Amount of deduction in case of a person with severe disability under section 80U will be______________ .
• In the case of every senior citizen resident in India, tax rebate under section 87A is ______.
• Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is .
• ‘Derivatives’ is a general term for financial assets that are “derived” from other_______________.
• As the income goes down, the slab of income tax rate goes
• 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.
• If the payee does not furnish PAN and TDS under section 194, dividends shall be made @__________ .
• The income received and accrued outside India from a business controlled or profession set up in India, the tax incidence in case of resident is .