WorksheetsBBA - Quiz 3
Total questions: 22
Worksheet time: 12mins
What is the rate of Health and Education Cess?
4%
3%
5%
15%
Income Tax Rules are framed by:
CBDT
Income Tax Department
If Rashmi leaves India on 10th April 2024 and comes back on 28th February 2025, What is the residential status for AY 2025-26?
ROR
RNOR
NR
If TDS is deducted but not paid to the government, the company shall be
An assessee
Not an Assessee
Which Schedule of Article 246 published the Union List?
7
8
82
21
"Income from agriculture land in Australia, received in London" shall be taxable for:
ROR
RNOR
ROR and RNOR
All
Mr. Beans has an income of INR 5,00,000 for the AY 2025-26, what is the basic tax applicable for him under New Tax Regime?
INR 10,000
Luv and Kush, two brothers work together and same the same source of Income. They want to file the return together. Are they allowed to do so?
Yes
No
Tax is not collected on:
Goods and Services
Income
Investment in FD
None of the above
Income Tax is not collected on "Income from Smuggling" because
It is an illegal income
The statement is false. It is collected
It is not possible to find out the profits
Collection will make the IT Department part of illegality
A person who has a total taxable income of Rs.6,50,000 should opt for which regime?
Default
Optional
Indifferent
What is the tax rate for income above 10 lakhs but less than 12 lakhs as per default tax regime?
Who issues Notifications under Income Tax Act?
Charge of Income Tax is under section __ of the Income Tax Act.
Mr. Anderson (an American Citizen) who stayed in India for 20 days and earned an Income of INR 6,00,000 claims that he does not have to pay any tax since his income is below the threshold limit of rebate u/s 87A. Is his claim right?
Yes
No
Dividend from a Indian Company received in Japan is taxable for:
ROR
RNOR
ROR and RNOR
ROR, RNOR and NR
Income from commercial building in London, received outside India should be taxed for
ROR
RNOR
ROR and RNOR
NR
Which of the following in NOT an income:
Illegal Income
Past Income
Received in Kind
Irregular Income
Who can be a Karta?
Eldest Male Member who has descendants
Eldest Female Member Who has descendants
Youngest Male member
Eldest Male member, irrespective of the fact whether he has descendants or not
Annual Finance Bill is presented in Lok Sabha on:
1st Jan
1st April
1st Feb
31st Dec
Name?
SAP id?
