
Taxation Fundamentals Challenge
Answer these simple questions correctly and earn coins
Popular Questions In Taxation Fundamentals Challenge
Deduction under section 80C to 80U can be claimed from;
The normal tax rates applicable to a resident individual will depend on the ____
Which of the following is covered under section 80D of the Income Tax Act, 1961?
The rate of tax on long term Capital gain is:
The upper limit of deduction under section 80 DDB (not a senior citizen) is ____
The tax treatment of remuneration by the way of salary, bonus ,commission etc. received by a partner is
The deduction under section 80TTA can be claimed by ____
Mr. X furnishes the following information about his Income : Income from Salary Rs 5, 00,000,Loss from House Property (Rs 1, 50,000), Long term capital gain Rs 60,000,Short term capital loss Rs 40,000.Calculate his gross total income
Deduction in respect of contribution to pension scheme of central government comes under ______ of Income Tax Act, 1961.
Share in the profits of the firm is taxable in the hands of partner under the head: