INCOME TAX -TEST-I

WHAT IS THE ASSESSMENT YEAR

• 2020-21

• 2021-22

• 2019-20

• 2022-21

HOW MANY HEADS OF INCOMES ARE THERE

• 2

• 3

• 4

• 5

What IS THE BASIC EXEMPTION LIMIT FOR AN individual WHOSE AGE IS BELOW 60 YEARS

• 2,00,000

• 2,50,000

• 3,00,000

• 3,50,000

SUPER SENIOR CITIZEN AGE IS

• 60 YEARS

• ABOVE 60 YEARS

• BELOW 80 YEARS

• ABOVE 80 YEARS

AGRICULTURE INCOME IS (a)  

TO SATISFY THE FIRST BASIC CONDITION THE ASSESSE SHOULD STAY IN INDIA FOR ATLEST ________DAYS

• 180

• 181

• 182

• 183

REBATE IS GIVEN IF INCOME IS BELOW

• 2,50,000

• 3,00,000

• 4,00,000

• 5,00,000

MEDICAL AND EDUCATIONAL CESS IS

• 1%

• 2%

• 3%

• 4%

CASUAL INCOME ARE TAXED @ FLAT RATE OF

• 10%

• 20%

• 30%

• 40%

IF TOTAL INCOME OF THE ASSESS EXCEEDS 50 LAKHS , SURCHARGE IS LEVIED @

• 10%

• 15%

• 20%

• 25%