Deduction of tax at source for insurance commission is @ ___________________.

Related MCQs

• The deduction of life insurance premia, contribution to provident fund, etc. will is done under of Income Tax Act, 1961.
• 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.
• In Income Tax Act, 1961, deduction under sections 80C to 80U cannot exceed .
• Deduction in respect of contribution to pension scheme of central government comes under _____________of Income Tax Act, 1961.
• Maximum limit for the deduction of Life insurance premia from the gross total income is .
• 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 tax incidence for company or firm in which income received outside India from a source controlled from India for resident is .
• The tax incidence for company or firm in which income received outside India from a source controlled from India for non-resident is .
• Expenditure incurred on exempted income is.............. as deduction.
• Deduction under section 80 C is available for investments in