Which one of the following items is not allowed as deduction while computing income from business and profession? Continue reading →
The due date of first instalment of advance tax by assesses other than companies is: Continue reading →
Which one of the following statements is not correct with reference to the assessment of firms? Continue reading →
The maximum amount of exemption of compensation received at the time of voluntary retirement U/S 10(10C) of the Income Tax Act, 1961, is: Continue reading →
Under the Income Tax Act, 1961 “block of assets” for the purpose of charging depreciation means: Continue reading →
Exemption, under Sec.54 F of the Income Tax Act, 1961, shall not be allowed if the assessee, on the date of transfer owns: Continue reading →
Under the Income Tax Act, 1961 the education cess of (2%+1%) is calculated on the amount of: Continue reading →