Podcast
Questions and Answers
What is the tax treatment of agricultural income in India?
What is the tax treatment of agricultural income in India?
What is the penalty for not filing income tax returns within the due date, as per the Income Tax Act?
What is the penalty for not filing income tax returns within the due date, as per the Income Tax Act?
Under Section 10(14) of the Income Tax Act, which of the following allowances is exempt from tax?
Under Section 10(14) of the Income Tax Act, which of the following allowances is exempt from tax?
What is the maximum limit for tax-free gratuity received by an employee under Section 10(10) of the Income Tax Act?
What is the maximum limit for tax-free gratuity received by an employee under Section 10(10) of the Income Tax Act?
Signup and view all the answers
Which of the following is a permissible deduction under Section 80C of the Income Tax Act?
Which of the following is a permissible deduction under Section 80C of the Income Tax Act?
Signup and view all the answers
Under which section of the Income Tax Act, 1961, are individuals categorized as 'residents' and 'non-residents' for tax purposes?
Under which section of the Income Tax Act, 1961, are individuals categorized as 'residents' and 'non-residents' for tax purposes?
Signup and view all the answers
Which of the following is NOT considered as a 'source' of income under the Income Tax Act?
Which of the following is NOT considered as a 'source' of income under the Income Tax Act?
Signup and view all the answers
Which of the following is considered as a "person" for income tax purposes?
Which of the following is considered as a "person" for income tax purposes?
Signup and view all the answers
Which form is used by individuals to file their income tax returns if they have income from salary, house property, and other sources?
Which form is used by individuals to file their income tax returns if they have income from salary, house property, and other sources?
Signup and view all the answers
What is the tax rate on long-term capital gains for individual taxpayers in India?
What is the tax rate on long-term capital gains for individual taxpayers in India?
Signup and view all the answers