Income Tax Law And Practice Set 2

Master of Commerce (M.com)

Learning Mode Previous Next
On This Page

This set of Income Tax Law and Practice Multiple Choice Questions & Answers (MCQs) focuses on Income Tax Law And Practice Set 2

Q1 | Which among the following is a fully exempted allowance?
Q2 | Income from salary includes:
Q3 | Salary received by a partner from his firm is an income under the head:
Q4 | Salary received by MLA or MP is treated as income under the head:
Q5 | Family pension received by a widow is treated as an income under the head:
Q6 | Salary received from a former employer is treated as an income under the head:
Q7 | Remuneration received from a person other than employer is treated an income under the head:
Q8 | Which among the following is a deduction allowed under section 16 :
Q9 | Pension is treated as an income under the head:
Q10 | Annuity received from the present employer is treated as income under:
Q11 | Annuity received from former employer is treated as income under:
Q12 | Annual accretion is taxable under:
Q13 | Per-diem allowance given for the purpose of lodging facilities is :
Q14 | Sumptuary allowance to Judges of Supreme Court and High Court is:
Q15 | Festival allowance is :
Q16 | HRA received by an employee who is living in own house is:
Q17 | Standard deduction allowed from salary for A. Y 2019-20 is:
Q18 | Entertainment allowance received by an employee of statutory corporation is:
Q19 | Children education allowance is exempt up to .................. per month per child for a maximumof two children.
Q20 | Rent free accommodation is an example for:
Q21 | Children hostel allowance is exempt up to .................. per month per child for a maximum oftwo children.
Q22 | Underground allowance is exempt up to:
Q23 | In case of an orthopedically handicapped employee, transport allowance is exempt up to:
Q24 | The amount of exemption in respect of tribal area allowance is:
Q25 | Value of facility of a house, owned by the employer, provided to an employee in the city wherethe population is 15 lakh, shall be:
Previous Next