Income Tax MCQ QUIZ Set-2 (Income from Salary)

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MCQ on Income from Salary

MCQ of Income From Salary- Income Tax

Income from salary MCQ with answers

1. Computation of income from salary section is




Answer is B)
Sec 15-17

2. Deduction allowed against gross salary



Answer is C)
Professional tax

3. RPF full form in income tax



Answer is C)
Recognized provident fund

4. Exemption limit of interest credit to RPF is




Answer is B)
9.5%

5. Employer contribution to RPF is Exempted up




Answer is A)
12%

6. Taxable amount of perquisite in respect of small car for offial and personal purpose



Answer is B)
1800 p.m.

7. Taxable amount of perquisite in respect of Big car for offial and personal purpose



Answer is D)
2400 p.m.

8. Deduction from salary is allowed u/s



Answer is B)
Sec 16

9. Education allowancw is exempted



Answer is C)
Rs. 100per month up to 2 child

10. Medical bil reimbursed in respect of treatment in private hospital



Answer is A)
Up to 15,000

 

 

11. HRA exempted u/s



Answer is C)
10(13A)

12. Perquisite Comes U/S



Answer is B)
17(2)

13. Allowance from U.N.O is



Answer is C)
fully exempted

14. Entertainment allowance is



Answer is A)
Partly exempted

15. HRA exempted u/s 10(13A) includes



Answer is C)
50% of salary if accommodation is situated at Delhi, Mumbai, Chennai, Kolkata

16. Free food during working hours at office/ business premises exemopted up to



Answer is A)
Rs. 50 per meal

17. Agricultural income is



Answer is c)
Exempted

18. Exempted Income comes under section



Answer is B)
Sec 10

19. Sec 10AA deduction implies



Answer is B)
Special economic zone

20. Allowance of MP/MLA is



Answer is A)
Exempted

Also Read Income Tax MCQ / Multiple Choice Questions on Taxation with Answers 
Author
Manturanjan Sa
Founder of Income TaxPe . Professionally a Lecturer, by passion a Writer, Dancer, lyricist. fitness lover. Also a social worker co-founder of Kartabya Foundation & Digital Entrepreneur.


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