#1. Which budget proposed to remove section 10(38), and introduced 10% (without indexation) tax on long term capital gains (exceeding Rs. 1 lakh) arising from the transfer of equity shares of units of equity oriented Mutual fund?
#2. As per section 285BA of Income tax act, A banking company or co-operative bank is required to report cash deposits to Income tax authorities in Annual information report (AIR), if aggregate cash deposit in one or more account of a person (excluding current account and time deposits) in a financial year is Rs. ............................................
#3. An individual is liable to file Income tax return (ITR) if------------------------------
#4. Standard deduction from salary income were re-introduced from which budget?
#5. From which FY, Dividend distribution tax (DDT) is abolished and dividend income is made taxable in directly in the hands of shareholders:-
#6. If advance tax is not applicable to me, then what is the due date for payment of income tax for FY 2019-20?
#7. I am 35 years old and My income is above basic exemption limit, I have earned Rs. 15000 as interest in saving bank account in FY 2019-20. Is it taxable .?
#8. what is maximum limit of deductions available section 80C like LIC premium, contribution to PF etc.
#9. Prime minister Narender modi, unveiled .......................on 13th may 2020, outlining rights & duties of an honest taxpayer, commitment of tax department and expectations from the taxpayers and launched the platform 'Transparent Taxation-Honoring the honest'.
#10. I am aged 82 years NRI having total income Rs. 40 Lakh and I have opted for OLD slab rate regime for FY 2020-21, for calculation of income tax, what is basic exemption limit available to me:-
#11. W.e.f 1-4-2020, Dividend is taxable in the hands of shareholders and dividend payment above Rs. ...................is subject to TDS @10% (@7.5% upto 31-3-2021) u/s 194.
#12. In non-audit cases, Due date for filing of ITR for FY 2019-20 is extended upto...............
#13. What is the maximum money, an individual can deposit in Public Provident Fund (PPF) account in a year?
#14. In Budget 2018, LTCG above rs. 1 Lakh from sale equity shares were made taxable @10% but all the gains upto date....................will be grandfathered. (choose right date to fill)
#15. For FY 2020-21, What is total income maximum limit for availing benefits of rebate u/s 87A?
#16. In FY 2020-21, An option is provided u/s 115BAC to taxpayers to choose between OLD & NEW Slab rates, But this option is not available to which of the following category of taxpayers:-
#17. Rebate u/s 87A, is not available to which of the following category of taxpayers?
#18. To opt for the Special slab rates U/s 115BAC for new tax regime, which of the following benefits need not be forgone by the taxpayers:-
#19. In FY 2020-21, dividend received from equity oriented mutual fund is...................
#20. In FY 2020-21, An option of reduced tax rates is provided u/s 115BAC to Individual & HUF, but in new slab rate which of the following is not considered:-