Income Tax MCQ QUIZ Set – 3 (Income from Salary)

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Income Tax Multiple Choice Questions

MCQ of Income from salary- Income Tax

MCQ on Income from Salary

1. Income tax rates are fixed in…




Answer is B)
Finance Act

 

 

2. A person with the age of ………… or more is considered as a super senior citizen as per Income tax Act



Answer is A)
80

 

 

3. Rebate of Income tax is defined as per section …



Answer is C)
87A

 

 

4. Section 2(9) of Income tax deals with




Answer is A)
Assessment Year .

 

  5. CBDT is control by




Answer is B)
Central Government

 

 

6. A Company has …… types of residential status



Answer is A)
2

 

 

7. Who is assessee in case of a HUF?



Answer is c)
Karta

 

 

8. . Expenditure incurred on exempted income is ……… as deduction



Answer is A)
Not Allowed

 

 

9. Dividend from an Indian Company is ……



Answer is C)
Fully Exempted

 

 

10. Income exempted from tax are stated in the section……. Of Income Tax Act.



Answer is B)
10

 

 

11. The highest Administrative Authority for Income Tax in India is….



Answer is C)
CBDT

 

 

12. Gratuity is defined as per section …



Answer is A)
10(10)

 

 

13. Bonus paid by the employer to the employee is



Answer is A)
Fully Taxable

 

 

14. When an URPF is recognized, the balance so transferred is called



Answer is B)
Transferred Balance

 

 

15. Salary is defied as per section



Answer is A)
17(1)

 

 

16. Payment made by an employer to employee monthly, other than salary is called



Answer is B)
Allowances

 

 

17. HRA is …



Answer is c)
Partly Taxable

 

 

18. Which Rule explain the taxation of HRA



Answer is A)
2A

 

 

19. If the assessee is living in own house HRA is



Answer is A)
Fully Taxable

 

 

20. Entertainment allowance is allowed as a deduction as per section



Answer is D)
16(ii)

Also Read Income Tax MCQ / Multiple Choice Questions on Taxation with Answers :

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