The Income Tax Act, 1961
| Description: This quiz is designed to assess your knowledge of The Income Tax Act, 1961. The questions cover various aspects of the Act, including its provisions, exemptions, and penalties. | |
| Number of Questions: 15 | |
| Created by: Aliensbrain Bot | |
| Tags: income tax act taxation indian law |
Under the Income Tax Act, 1961, which of the following is not an income from salary?
Which of the following is not an exempt income under the Income Tax Act, 1961?
What is the maximum rate of income tax applicable to individuals under the Income Tax Act, 1961?
Which of the following is not a penalty under the Income Tax Act, 1961?
What is the time limit for filing an income tax return under the Income Tax Act, 1961?
Which of the following is not a deduction allowed under the Income Tax Act, 1961?
What is the maximum amount of deduction allowed for medical expenses under the Income Tax Act, 1961?
Which of the following is not a type of income that is subject to tax under the Income Tax Act, 1961?
What is the rate of income tax applicable to long-term capital gains under the Income Tax Act, 1961?
Which of the following is not a type of income that is exempt from tax under the Income Tax Act, 1961?
What is the maximum amount of deduction allowed for education expenses under the Income Tax Act, 1961?
Which of the following is not a type of income that is subject to tax under the Income Tax Act, 1961?
What is the rate of income tax applicable to short-term capital gains under the Income Tax Act, 1961?
Which of the following is not a type of income that is exempt from tax under the Income Tax Act, 1961?
What is the maximum amount of deduction allowed for medical expenses under the Income Tax Act, 1961?