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Quiz – Income Tax

Find income tax related quiz, interview questions FAQs asked in the interview helpful Accountants, CA students

Quiz on property and salary taxation

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Here is a small quiz to test your knowledge on taxation.   Read Related Post & Quiz:   Service Tax registration procedure and documentation required with effect from 1st March 2015 13 things to know about payment of Service Tax Quiz on Service Tax 7 Tax changes applicable from 1st ...

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How well do you know income tax deduction u/s 80C Quiz

how well do you know income tax deduction u/s 80C of Income tax Act

  At the end of every financial year, many tax payers rush towards making investments to minimize taxes, without adequate knowledge of the various available options. The Income tax Act offers many deduction under section 80C to reduce tax liability substantially for the salaried individuals Viz. LIP, PPF, Housing Loan, ...

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TDS on purchase of immovable property

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The provisions of this section states that TDS on sale of Immovable Property should be deducted at source from payment on transfer of immovable properties (other than agricultural land) where the consideration paid or payable is more than Rs 50,00,000/-. Earlier, there was no such deduction in case of immovable ...

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