Income Tax is levied on the ___________ of a person.

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.
• Surcharge is levied at the rate …………….if the income exceeds ` 1 crore of the financial year 2016-17.
• 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 income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• The following is exempt income from Income Tax:.
• The Income Tax Act came into force from .
• The Income Tax Act came into force all over India except .
• The income from foreign companies by providing the services in project connected with security of India is from tax liability.
• The awards and rewards are exempted from Income Tax if .