Important Questions for B.Com 3rd Year ••• INCOME TAX - TopicsExpress

Important Questions for B.Com 3rd Year ••• INCOME TAX ••• Hour Education Service Q: Determination of residential status of different assesses? Q: What is agriculture income? Give its kinds and tax treatment? Q: Explain the following previous year, Assessment year, Assess, pension? Q: Incidence of tax/Tax Liability? Q: Give the Tax Rates of individual and Partnership firm? Q: What do you mean provident fund and give its tax treatment? Q: What is meant perquisite? Give its kinds? Q: What is meant by Profit in lien of salary? Q: What are the deductions allowed on Gross Salary? Q: What is annual Value? How it is determined? What are the deductions allowed on it? Q: Give the list of disallowed expenses in computing income from business?

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