Compensation received on voluntary retirement 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.
• Encashment of earned leave 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.
• Under Section 15 of Income Tax Act, the salary due in previous years and even if it is not received is .
• The death-c um-retirement gratuity received by the Government Employee or employee of the local authority is.
• The house rent allowance (HRA) under the salary head of Income Tax Act is given by
• Income received in India whether occurred in India or outside India, the tax incidence in case of resident is .