Surcharge of 10 per cent is payable by an individual where the total income exceeds:

Related MCQs

• An individual needs to pay Rs. 1,00,000 as advance tax. By 15th of December, how much amount must be paid by the individual:
• In the absence of the individual assesses, return of income can be signed by …………………
• Income is divided in ___________ heads of Income.
• The Central Government has notified Income computation and disclosure standards for computing income under the head Profits and Gains of Business and Profession - .
• The return of income can be filed with the Income-tax Department in electronic mode only.
• As per Section 2(e a), which of the following is an asset in case of an individual:
• Gross Total Income is arrived after:
• Salary of S (Rs. 40,000 per month) becomes due on the last day of the month but is paid on 7th of next month. Also, salary of April, 2014 and May, 2014 is received in advance in March, 2014. What will be his gross income for Assessment Year 2014-15?
• Audit programme helps in fixing the ______for the work done among the audit staff as work done may be traced back to the individual staff members.
• Describe the status of the following person (i.e. individual, HUF, Firm, Company etc.) X and Yare legal heirs of Z. Z died in 2018 and X and Y carry on his business without entering into a partnership.