The charging section of the income under the head capital gains is :

Related MCQs

• Which of the following is not a requisite for charging income-tax on capital gains –
• The income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• 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 house rent allowance (HRA) under the salary head of Income Tax Act is given by
• The following is not taxable as income under the head “Salaries”:
• Under the Head Income from House Property, the basis of charge is the of property.
• Mr. Ram owns a house property. He lent it to Laxman at ` 10,000 p.m. Laxman sublet it to Mr. Maruti on monthly rent of ` 20,000 p.m. Rental income of Laxman is taxable under the head .
• If the individual using the property for the business or professional purpose the income taxable under the……………..head.
• The capital gain is chargeable under of Income Tax Act.
• Under Section 15 of Income Tax Act, the salary due in previous years and even if it is not received is .