History and structure of taxation

Income tax deptt. comes under department of ________ under

Finance Ministry

• Expenditure

• Financial services

• Revenue

• Economic affairs

CBDT comprises of 1 chairman and --members

• 5

• 6

• 7

• 8

who is the Zonal member of U.P.(West) & Uttarakhand Region

• Member (Admn.)

• Member (L)

• Member (A&J)

• Member (Inv.)

Income tax department is divided into ___ Number of Jurisdictional Regions ,

• 16

• 17

• 18

• 20

DGIT rank is equivalent to __

• Pr.CCIT

• CCIT

• PCIT

• CIT

which of the following are the categories of Residential status of and assessee

• Resident

• Non-Resident

• Resident but not ordinarily resident

• all of the above

What are the conditions for claiming Resident status in India for taxation purposes

• Stay in India for 182 days or more

• Total Stay for 365 days during the 4 preceding Previous Years & 60 days or more in relevant Previous Year.

• Any of A or B

• None of the above conditions

A H.U.F. , FIRM, AOP shall be ________ if the control and management affairs is situated wholly outside India.

• Not Ordinarily Resident

• Non-Resident

• Resident

• none of the above

•An Indian Company is always Resident in India.... if

• control and management of its affairs is situated wholly in India.

• Control and Management of its affairs is partially situated out of India

• Control and Management of its affairs is Partially situated in India

• None of the above is necessary

Income tax act come into force on---

• 01.01.1964

• 01.04.1951

• 01.04.1961

• 01.04.1962