Encashment of earned leave is given by………………. of Income Tax Act, 1961.

Related MCQs

• 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 income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• Compensation received on voluntary retirement is given by of Income Tax Act, 1961.
• The Income Tax Act, 1961 broadly covers .
• Arrear rent is taxable after deducting…………..as per Section 25B of the Income Tax Act, 1961.
• The Annual Value has been defined under of Income Tax Act, 1961.
• The house rent allowance (HRA) under the salary head of Income Tax Act is given by
• Income tax is collected on all types of income except .
• If the agricultural income is ……….. then the agricultural income is considered for calculating tax.
• The following is exempt income from Income Tax:.