Residential Status of an assesses can be .

Related MCQs

• An individual assesses can show maximum loss of …………….from a selfoccupied residential house property.
• ……………….of Income Tax Act is related to residential status.
• The Company may have the residential status as .
• The assesses can claim relief under…………….for arrears or advance salary.
• In the absence of the individual assesses, return of income can be signed by …………………
• If the assesses let out the building or staff quarters to the employee of business, the rent collected from such employees is assessable as income from .
• When annual value of one-self occupied house is nil, the assesses will be entitled to the standard deduction of .
• Mr. R owns a house. The Municipal value of the house is ` 50,000. He paid ` 8,000 as local taxes during the year. He uses this house for his residential purposes but lets out half of the house @ ` 3,000 p.m. The annual value of the house is.
• Rate of depreciation on residential building is……………..
• If the employee receives retirement gratuity from more than one employer, he can claim exemption in respect of .