Direct Tax
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Direct Tax
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25 Questions

1. Net annual value of self occupied house is
2. What is not included in capital asset?
3. Interest accumulated to PF a/c is exempted upto _________.
4. Speculation loss cannot be set off against
5. In order to claim deductions under section 54 the assessee should not transfer the newly acquired asset with in ________ years from the date of its purchase.
6. Rate of TDS for casual incomes is ________.
7. Allowances of MP/M.L.A / or M.L.C are.
8. Amount of contribution made to PM national relief fund is exempted upto _________.
9. Remuneration paid to members of AOP is.
10. Share of profits from PFAF of a partner is.
11. Share of income received from AOP is entitled to rebate at.
12. Rate of TDS for listed securities is
13. In case of Tax free salary.
14. Integration of agricultural income with non agricultural income is done if net agricultural income exceeds
15. Scholarship granted is.
16. Due date of filing of return by company assessee is____.
17. Dearness allowance is taxable in the hands of.
18. Non speculation business loss can be carry forward to
19. Share of income from firm is.
20. Exempted incomes do not form part of total income of
21. A senior citizen female assessee can claim deduction u/s 80u upto.
22. Loss under the head house property can be carry forward to
23. A weighted deduction of ______ % is allowed under sec. 35(2AA) in respect of contribution to National Laboratory.
24. Income of Non profit seeking educational institutions, financed by government, is exempt from Income tax if its annual receipts do not exceed.
25. University teacher is

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