tax.txt

Card Set Information

Author:
sandeepicsi
ID:
207541
Filename:
tax.txt
Updated:
2013-03-15 20:16:13
Tags:
tax
Folders:

Description:
TaxLaws
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  1. Which of the foll is not an eg. of Captl Asset
    1.Money RCVD on issue of shares
    2.Money RCVD on sale of land
    3.Money RCVD on sale of goods
    4.None of the above
    Money RCVD on sale of goods
  2. Max qualifying limit for deduction under Sec 80C is-
    Rs 1,00,000
  3. In certain cases ,income of other person is included in the income of assessee.It is called-
    Clubbing of income

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