MABS Institution
11th Commerce Monthly Test - 3 ( Direct Taxes )-Aug 2020
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Why Income tax is called as direct tax?
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Define the term Income.
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What is Applicability of Income Tax?
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Define the term assessee?
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What do you mean by Tax?
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Define the term person?
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What is the reason for collecting tax?
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What is Income Tax?
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What is Gross Total Income?
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State slab rate for an individual asper the assessment year 2018-19 under income tax act?
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List out the five heads of income.
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What are all the tax rates prescribed for LTCG, STCG and lottery income?
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What do you mean by previous year?
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Write short notes on :
1. Direct Tax
2. Indirect Tax. -
Write short notes on CBDT.
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Write a note on Agricultural Income.
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What do you mean by Total Income?
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Describe the administration of taxes by the Central Government.
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What are the exempted income from Income Tax?
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Who do income tax is treated as annual tax?