Home / MCQ Bank / Commerce
Commerce Income Tax And Corporate Tax Difficulty: Medium

Which of the following income are taxable under income tax? 1. Short-term capital gain 2. Providend fund receipt 3. Capital gain on sale of shares under Section 10(38) 4. Income of local authority 5. Interest received on government securities 6. Money found on the road Select the correct answer using the options given below

Select the correct option to test your answer:

More Commerce Questions

A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment? In group insurance, risk of individuals is not assessed. ________ decision relates to the determination of total amount of assets to be held in the firm. The delegation of authority depends on the subordinate's Under poisson distribution, value of e -m are derived from