MCQ ON PPI UNIT-II

UNIVERSITY OF LUCKNOW B.COM SEM- VI Question 5 to 12 B.COM SEM VI UNIVERSITY OF LUCKNOW MCQ ON PPI

B.COM SEM 6 UNIVERSITY OF LUCKNOW  Q1. Parliament has the power to levy tax on incomes other than . Exempt Incomes Income of poor people Agricultural Income All incomes aretaxable Q2. A person includes . Individual & HUF Firm & Company AOP/BOI, LA, Every AJP All of the above. Q3. Association of persons consists of…

UNIVERSITY OF LUCKNOW B.COM SEM VI CHAPTER WISE I TO VI MCQ CH:1 (Mcq Income Tax Introduction And Important Definitions) Q1. When Income Tax was levied in India first time? (A)in 1860 (B)In 1866 (C)in 1918 (D)In 1961 2. Income-tax is: (A)a direct tax (B)an indirect Tax (C)business tax (D)none of these 3. Rate of…

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UNIVERSITY OF LUCKNOW B.COM SEM VI PART 2 MCQ FROM( CHAPTER 7 TO 12) CH 7:( MCQ ON Income From House Property Rent ) 1.Deduction for other expenses except for interest in the computation of Income from House Property is allowable to the extent of: (A)1/5 of Annual Value (B)1/4 of Annual Value (C)30% of…