The term income includes the following types of incomes.

Related MCQs

• Which section of the Income Tax Act exempted incomes have been mentioned?
• As per the definition of Income, the income includes the following .
• 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.
• Income tax is collected on all types of income except .
• The following is exempt income from Income Tax:.
• The agricultural income includes .
• If the agricultural income is ……….. then the agricultural income is considered for calculating tax.
• The income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• The following is not taxable as income under the head “Salaries”:
• Which of the following is not a requisite for charging income-tax on capital gains –