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Retirement , Resignation
Multiple Choice Multiple Answer Question From annual value, following deductions are allowed :Correct Answer Standard deduction , Interest on borrowed capital , Municipal taxes Your Answer Interest on borrowed capital , Municipal taxes Multiple Choice Single Answer Question As a general principle, the Basic Salary or Wages, Dearness Allowance and Bonus / Commission is :Correct Answer Fully taxable. Your Answer Fully taxable.
Multiple Choice Multiple Answer Question From GTI of a company following deductions under chapter VI A are allowed Correct Answer 80 G Donations , 80 HHB profits and gains from projects outside India , 80 IA profits and gains of infrastructure companies Your Answer 80 G Donations , 80 IA profits and gains of infrastructure companies Multiple Choice Single Answer Question Annual value of any one palace in possession of a former ruler is :Correct Answer Exempt Your Answer Taxable
Select The Blank Question If the Salary is more than Rs. 5,00,000, Standard Deduction will be Rs.________. Correct Answer 20000 Your Answer 20000
Multiple Choice Single Answer Question The amount of accumulated interest on NSCs purchased in the earlier years is assumed to be reinvested :Correct Answer And qualifies for tax rebate under section 88.
Registration Number: Name: Subject: Assignment Status As On:
200425352 Sarada J.H Taxation 12/02/2006 Result for this Assignment
Assignment Date Number of Correct Questions Number of Skipped Questions Number of Wrong Questions Total Questions attempted Total Marks obtained Result
11/02/2006 39 3 8 50 85 Out of 100. Pass