Under Income Tax Act depreciation is allowed on ..................

Related MCQs

• Under the income- tax act, the incidence of taxation depends on......................
• Additional depreciation is allowed at half the rate, if the asset is used in the initial year for.................................
• If a depreciable asset is acquired and used for less than 180 days in a financial year, depreciation allowed on it is..............
• The income tax payable by an individual is Rs:8,562.55. The rounded off tax payable will be .........................
• Deduction from gross Total income is allowed under Sec. 80C up to lower of the Qualifying amount or a maximum of.
• Income Tax Act came into force on............................
• Section.................. of the Income Tax Act deals with exempted incomes.
• Income Tax Act was passed in the year_____________.
• Section 10 0f Income Tax Act deals with _________.
• Section 89 of the Income tax Act deals with .............................