Taxation Knowledge Challenge

Taxation Knowledge Challenge

Difficulty Level: Medium
10 Questions

Popular Questions InTaxation Knowledge Challenge

1

Income tax is rounded off to :

2

What will be the rebate U/s 87 An if a person has total income Rs 3, 50,000?

3

Out of the followings, which section deals with the provisions relating to deduction of tax at source on interest other than interest on securities paid to a resident?

4

Tax deducted during the month other than March shall be paid to the credit of the Central Government on or before ___________ from the end of the month in which such deduction is made.

5

The responsibility to deduct tax from source arises only at the time of payment in which of the following case:

6

Under the system of GST, what is the threshold limit for GST, except for North Eastern states, Uttarakhand, Sikkim and Himachal Pradesh

7

What is the Due date of filing GSTR-1 (Outward supply of taxable goods and/or services by Registered Taxable Person?

8

A taxpayer registered in Himachal Pradesh with an aggregate turnover of _____ in a financial year is eligible to get registered under composition scheme.

9

When the supplier supplies its goods or services, it discharges tax on supply. Such tax would be termed as:

10

What is the maximum limit under Section 80 TTA, where an Individual/HUF can claim deduction in respect of Interest on Deposits in Savings Accounts?