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Introduction to income tax

Authored by Mrs. A

Business

University

CCSS covered

Used 140+ times

Introduction to income tax
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax is paid by...

Individuals only

Businesses only

Individuals and businesses

Individuals, businesses, and the government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax is used by each level of government to...

Make politicians rich

Pay for their employees

Pay for services that some of the population use

Provide goods and services that are needed by the community

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income Tax Act was passed in the year

1924

1961

1962

1988

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is the present Assessment Year?

2018-19

2019-20

2020-21

2001-02

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is the present Previous Year?

2018-19

2019-20

2020-21

2001-02

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TDS

Tax Deducted at Source

Total Deducted at Source

Tax Deducted at Sample

Tax Due at Source

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earnings of a salesperson based on the percentage of goods or services sold.

Salary
Wages
Commission
Deductions

Tags

CCSS.6.RP.A.3C

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