Web8. Income-tax in India is charged at the rates prescribed by - A. The Finance Act of the assessment year B. The Income-tax Act, 1961 C. The Central Board of Direct Taxes D. The Finance Act of the previous year. 9. Income includes - A. Profits and gains B. Profit in lieu of Salary C. Income from other sources D. All of the above 10. WebTaxation MCQs Q. A tax that takes a larger percentage from high-income earners than it does from low-income earners is called (A) proportional tax (B) progressive tax (C) …
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Web16 hours ago · She said if you haven't filed yet and your taxes are not very simple, "you need to file an extension of time to file, before April 18 -- midnight April 18. And you also have to … WebJun 7, 2024 · The objective of transfer pricing is to ensure which of the following – a) Taxes are paid in Country of residence b) Taxes are paid in Country of Source c) Taxes are not paid d) Taxes are paid in the jurisdiction where economic activity takes place Answer 13. iphone x just has a loading black screen
100+ MCQs on Income From Salary, Income Tax MCQs 2024 - 23 …
Web1 day ago · If you suffer both penalties, the IRS will only charge you a 4.5% Failure to File fee, plus the 0.5%, making for a total of 5% still. The IRS will additionally charge interest on these penalties. WebIncome Tax is charged in……. If recipient of income fails to furnish his Permanent Account Number to deduct of tax the tax shall be deducted The highest Administration Authority for Income Tax in India is_ _ _ _ _ The Income Tax Act 1961 came into force with effect from…….. Income Tax is a…… WebNov 23, 2024 · 1. Depreciation under Income-tax Act is charged at the prescribed rate on the written down value of the ……………. a) Block of asset b) Individual asset c) None of the … orange sofa bed ashley furniture