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This set of Income Tax Law and Practices Multiple Choice Questions & Answers (MCQs) focuses on Income Tax Law And Practices Set 6

Q1 | The deduction of life insurance premia, contribution to provident fund, etc. will is done under of Income Tax Act, 1961.
Q2 | Gross Total Income is arrived after .
Q3 | In Income Tax Act, 1961, deduction under sections 80C to 80U cannot exceed .
Q4 | The maximum aggregate amount of deduction under sections 80C, 80CCC and 80CCD cannot exceed .
Q5 | Deduction in respect of contribution to political party will .
Q6 | Maximum amount of deduction in case of a person with severe disability under section 80U will be .
Q7 | Government’s contribution to the new pension scheme referred to in Section 80CCD is
Q8 | In case of a hospital built in specified area after 31.3.2008 fulfilling the required conditions laid down in Section 80IB-(11C), the profits and gains derived from running the hospital are
Q9 | Deduction in respect of contribution to pension scheme of central government comes under _____________of Income Tax Act, 1961.
Q10 | In case of assessees other than companies, the following is advance tax rate to be payable on or before of 15th September:
Q11 | For the purposes of computing minimum alternate tax under Section 115B(a) of the Income Tax Act, 1961, the book profit need not to be increased by inter alia, the amount of deferred tax debited to the profit and loss account.
Q12 | Deduction under Section 80C can be claimed for fixed deposit made in any scheduled bank, if the minimum period of deposit is .
Q13 | Which of the following is covered under section 80D of the Income Tax Act, 1961?
Q14 | The deduction available under section 80QQB in respect of royalty income of authors shall not exceed _____________in previous year.
Q15 | For the purpose of deduction under section 80DD, which of the following statements is/are true?
Q16 | The maximum deduction one can clam under section 80D is .
Q17 | Amount of deduction in case of a person with severe disability under section 80U willbe______________ .
Q18 | Aggregate amount of deduction under 80C, 80CCC and 80CCD cannot exceed_________..
Q19 | In the case of every senior citizen resident in India, tax rebate under section 87A is ______.
Q20 | The provisions regarding TDS on Salaries are contained in .
Q21 | If the payee does not furnish PAN and TDS under section 194, dividends shall be made @__________ .
Q22 | Deduction of tax at source for insurance commission is @ ___________________.