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DIRECT TAX

Quiz by K.R.Nandhini PSGRKCW

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10 questions
Show answers
  • Q1

    Prescribed rate of TDS is

    30

    10

    20

    30s
  • Q2

    Gift from descendant is taxable

    False

    True

    30s
  • Q3

    Is there  a indexed cost for bonds?

    Yes

    No

    30s
  • Q4

    How many percentage of tax is charged for health & education cess ?

    2

    3

    1

    4

    30s
  • Q5

    Deduction in respect of royalty on patents come u/s

    80RRB

    80QQB

    80JJA

    30s
  • Q6

    Default amount of rebate is

    10000

    11500

    12500

    30s
  • Q7

    Deductions u/s 80D stands for

    Donation

    Medical Insurance

    Scientific Research

    30s
  • Q8

    Life Insurance paid for parents is eligible to claim deductions

    No

    Yes

    30s
  • Q9

    Total Income is below Rs.3,00,000 for Mr.Y (65Years) Rate of tax is

    5%

    Nil

    20%

    30%

    30s
  • Q10

    Capital loss is allowed to C/F

    True

    False

    30s

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