The Company may have the residential status as .

Related MCQs

• ……………….of Income Tax Act is related to residential status.
• Residential Status of an assesses can be .
• 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……………..
• An individual assesses can show maximum loss of …………….from a selfoccupied residential house property.
• The tax incidence for company or firm in which income received in India and company is resident is .
• The tax incidence for company or firm in which income received in India and company for non-resident is .
• The tax incidence for company or firm in which income received outside India from a source controlled from India for resident is .
• The tax incidence for company or firm in which income received outside India from a source controlled from India for non-resident is .
• Which section of the Income Tax Act exempted incomes have been mentioned?