Computation of Taxable Income Chapter- 06
- The taxable income of a salaried taxpayer not exceeds Rs.__ is chargeable to tax @ 0%.
(a) 6 00,000(b) 350,000(c) 400,000(d) 500,000- Where a full time teacher or researcher working in non-profit organization is having salary income as
well as some other taxable income, the benefit of reduction in tax liability shall be available on
___ if his total taxable income is less than Rs. 1,000,000.
(a) his total income(b) his salary income only
(c) income other than salary(d) all of above- Rate of tax for a small company is ____.
(a) 50%(b) 35%(c) 25%(d) 20 %- Share from AOP is __ in the hands of members.
(a) exempt(b) taxable(c) safe(d) all of above- The slab rates of tax for _____ are same for tax year 20 23 as they were applicable in tax year 20 22.
(a) salaried and non-salaried persons(b) small company(c) none of the above- The Company share in income (under normal tax regime) of an AOP being as member is _____
.
(a) exempt from tax
(b) taxed in the hands of the AOP(c) taxed in the hands of Companyd) none of the aboveANSWERS
1 (b) 2 (c) 3 (b) 4 (b) 5 (c)
6 (d) 7 (d) 8 (d) 9 (a) 10 (c)
11 (a) 12 (c) 13 (d) 14 (a) 15 (a)16 (b)^17 (d)^18 (a)^19 (c)^20 (c)^