Dr. Rajakrishnan M, Assistant Professor in Commerce, PSG College of Arts & Science, Coimbatore, Tamil Nadu, India.

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Income Tax - Quiz 2

Income Tax - Quiz 2

UGC NET Income Tax / Income Tax Law and Practice
  1. Gross total income is a total of ______ income.

  2. Five heads
    Four heads
    Three heads
    Two heads

  3. Income from house property is a ________ of income.

  4. Source
    Heads
    Tax
    Person

  5. Income from other source involves income from ________.

  6. Interest
    Salary
    Wages
    Rent

  7. Income from salary involve income from _________.

  8. Salary
    Allowance
    Perquisites
    All of these

  9. Tax rate is decided by _________.

  10. SEBI
    RBI
    Finance minister
    PM

  11. Income tax is computed on _________.

  12. Rent
    Source
    Total income
    Loss

  13. Income tax rate is given in _________.

  14. Union budget
    Rail budget
    Plan budget
    Zero budget

  15. Income from plant is a __________.

  16. Agricultural income
    Sales income
    Custom income
    None of these

  17. Residential status involves _________.

  18. Resident individual
    Non resident individual
    NRI
    All of these

  19. Company may be a _________.

  20. Resident
    Non resident
    Non ordinarily resident
    Resident or non resident

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