Income Tax Act MCQ - English

Set 1 MCQ Questions and Answers

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Income Tax Objective Questions and Answers: Here learn income tax mcq questions and answers and download pdf 50 questions.

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1) Income Tax Act came into force on ..............

2) Residential status is determined for ...........

3) How many heads of income are there to compute Gross total income.

4) Deduction of tax at source made for incomes which can be calculated in advance is called .....

5) The number allotted by income tax authorities to assessees for identification and which should be quoted in all documents and correspondence is.....

6) Due date of filing of return by a non business assessee is..............

7) Under the income- tax act, the incidence of taxation depends on ...........

8) Income by way of rent of agricultural land is ....

9) The highest Administrative Authority for Income Tax in India is...

10) Receipt of amount on maturity of LIC Policy is......