INCOME TAX
Authored by SANKARA NARAYANAN
Other, Education
University - Professional Development
Used 198+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The provisions relating to the income from house property are contained in sections.
16-21
22-27
28-32
36-42
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A rent which a similar property can fetch in a similar locality is called.
Municipal value
Fair rent value
Standard rent va;ue
Actual rent value
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A Standard deduction of _________ of the net annual value is allowed as deduction u/s 24.
30%
40%
50%
13%
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Interest on pre construction period will be allowed in __________ equal annual instalments.
2
3
4
5
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
GAV of let-out house is:
Higher of ERV or Actual Rent
Least of ERV or Actual Rent
Lower of FRV or MRV
none of these
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Maximum deduction of interest on loan borrowed after 1.4.99 in case of self occupied house is:
Rs.1,50,000
Rs.30,000
Rs.50,000
Rs.2,00,000
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Maximum deduction of interest on loan borrowed before 1.4.99 in case of self occupied house is:
Rs.1,50,000
Rs.30,000
Rs.50,000
Rs.2,00,000
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
