Income Tax Act MCQ - English


Set 2 MCQ Questions and Answers

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Income Tax MCQ Questions and Answers: Here learn quiz questions on Income Tax Act and download pdf 50 questions.

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1) Allowances received by a government employee posted abroad are.....

2) House rent allowance is.......

3) Exempted limit of HRA in metropolitan cities is

4) Education allowance is exempted for a maximum of.......

5) Salary on which income tax is borne by the employer is called .............

6) .......................... section deals with exempted incomes

7) Income tax is a form of .......................... tax

8) Any some received under key man insurance policy taken on the life of the employee shall be .........

9) The rent fixed as per municipal valuation is called .............

10) Rent free accommodation is an example for ..........