Tax Planning and Management Questions and Answers | Online Quiz for Practice

Tax Planning and Management MCQ Questions for Practice

46. Indexation is applicable to

47. It is the device which satisfies the requirements of the law but not in accordance with the intentions of the law

48. Long term capital loss can be set off against

49. MAT Provisions are applicable to

50. Minors income is clubbed to

51. PAN stands for

52. Pension is................under the salary head.

53. Preliminary expenses incurred are allowed deduction in:

54. Previous year means the financial year immediately preceding the

55. Profits earned from an illegal business are

56. Reducing tax liability, utilizing the deductions, exemptions or reliefs allowed in the Act and Rules is called

57. Return filed after the due date is called

58. Return of income must be furnished on or beforethe due date as per a part of

59. salary of Member of Parliament is taxable under the head

60. Section 115JB relates to

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