Income Tax MCQ QUIZ Set – 5 (Income from Salary)

Income Tax Multiple Choice Questions MCQ on Income from Salary 1. The assesses can claim relief under which section for arrears or advance salary. A) Section89(2) B) Section 89(1) C) Section89(4) D) None of the Above … Answer is B) Section 89(1) Show Answer     2. The Payment of Gratuity Act came into force … Read more

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

Income Tax Multiple Choice Questions MCQ on Income from salary 1. Foreign allowance is A) Fully Exempted Allowance B) Fully Taxable Allowance C) Partly Exempted Allowance D) None of these … Answer is A) Fully Exempted Allowance Show Answer     2. which income is exempted A) City Compensatory Allowance B) Dearness Allowance C) Foreign … Read more

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

Income Tax Multiple Choice Questions MCQ on Income from Salary 1. Income tax rates are fixed in… A) Income tax Act B) Finance Act C) Income tax rules D) Finance rules … Answer is B) Finance Act Show Answer     2. A person with the age of ………… or more is considered as a … Read more

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

MCQ on Income from Salary Income from salary MCQ with answers 1. Computation of income from salary section is A) Sec 11-12 B) Sec 15-17 C) Sec 6-10 D) Sec 16-20 … Answer is B) Sec 15-17 Show Answer 2. Deduction allowed against gross salary A) Income tax B) Entertainment tax C) Professional tax D) … Read more