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Commerce Income Tax And Corporate Tax Difficulty: Medium

If any sum of money, the aggregate value of which exceeds fifty thousand rupees, is received without consideration, by an individual or a Hindu undivided family, in any previous year from any person or persons on or after the 1 st day of April, 2006 but before 1 st of October 2009, the whole sum is taxable under the head: Which of the following are true about an inquiry carried out by an Information Commission? 1. It may examine any record to which the RTI Act, 2005 applies. 2. No such record can be withheld from it (irrespective of any provision of any act passed by the Parliament or the State Legislature). 3. Information commission has the powers of a Civil Court trying a suit under the code of civil procedure. Choose the correct answer Divisional organisational structure makes integration __________ is a machine which process text material on a page when operator strikes keys are arranged on the key boards. In the growth stage of a product life cycle which of the following statements are applicable? 1. There is a rapid increase in sales. 2. Effects of repeat purchasing are seen. 3. Increased competitor activity is found. 4. Profits begin to rise. 5. Good product management is required.