Which section of the Income Tax Act exempted incomes have been mentioned?

Related MCQs

• As per Income Tax Act, 1961, income tax is charged on the income of at a rates which are prescribed by the Finance Act of relevant assessment year.
• The awards and rewards are exempted from Income Tax if .
• …………. is exempted from income tax.
• The income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• The term income includes the following types of incomes.
• Under Section 15 of Income Tax Act, the salary due in previous years and even if it is not received is .
• Arrear rent is taxable after deducting…………..as per Section 25B of the Income Tax Act, 1961.
• The Annual Value has been defined under of Income Tax Act, 1961.
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