The tax payer liability is determined with reference to his or her .

Related MCQs

• The income from foreign companies by providing the services in project connected with security of India is from tax liability.
• The way of tax liability by taking full advantage provided by the Act is .
• For computation for Income tax liability for individual, the Education Cess is
• Tax Liability for the individual for 2016-17 who is not the resident of the India whose income ` 2,50,000 to ` 5,00,000 is……………….
• Rent from House Property let out by an assessee to his employees when such letting is incidental to his main business will be chargeable to tax under head .
• 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 value of interest-free concessional loans to employees is determined on the basis of lending rates of for the same purpose.
• When the portion of the house is self-occupied for the full year and portion is self-occupied for the whole year, the annual value of the house shall be determined by .
• Income tax is collected on all types of income except .
• The Income Tax Act came into force from .