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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