Income Tax MCQ QUIZ Set – 4 (Income from salary)

A) Non Govt employees
B) Govt employees
C) All employees
D) None of the above

… Answer is C)
All employees
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A) Facility provided by employer to employee
B) Cash paid by employer to employee
C) Amount credited to employees
D) None of the above

… Answer is A)
Facility provided by employer to employee
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A) Sec. 17b.
B) Sec 28a.
C) Sec 2a
D) None of the aobve

… Answer is A)
Sec. 17b.
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A) License fee fixed by Govt.
B) 7.5% of employees salary
C) 15% of employees salary
D) None of the Above

… Answer is A)
License fee fixed by Govt.
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A) 10%.
B) 9.5%.
C) 12%.
D) None of the Above

… Answer is B)
9.5%.
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A) 9.5% of salary
B) 10% of salary.
C) 12% of salary.
D) None of the above

… Answer is c)
12% of salary.
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A) Academic year
B) Immediately succeeding assessment year
C) Same previous year
D) Accounting year

… Answer is B)
Immediately succeeding assessment year
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A) Not taxable
B) Partially taxable
C) Can’t say
D) None of the above

… Answer is A)
Not taxable
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A) Income from Business
B) Income from Other Sources
C) Income from Salary
D) None of the above

… Answer is A)
Income from Business
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A) No
B) Doubt
C) Yes
D) Can’t say

… Answer is C)
yes, Taxable
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• Income Tax MCQ QUIZ Set-1 (Basic Concept)
• Income Tax MCQ QUIZ Set-2 (Income from Salary)
• Income Tax MCQ QUIZ Set – 3 (Income from Salary)
• Income Tax MCQ QUIZ Set – 4 (Income from salary)
• Income Tax MCQ QUIZ Set – 5 (Income from Salary)
• Income Tax MCQ QUIZ Set – 6 (Income from House Property)
• Income Tax MCQ QUIZ Set – 7 (Income from House Property)
• Income Tax MCQ QUIZ Set – 8 (Income from House Property)
• Income Tax MCQ QUIZ Set – 9 (Profits and Gains from Business or Profession)
• Income Tax MCQ QUIZ Set – 10 (Profits and Gains from Business or Profession)
• Income Tax MCQ QUIZ Set – 11 (Income from Capital Gains)