He has been in india in the previous year for a period of 182 days or more
Correct Answer: Option-D

Question46:-The maximum exempted amount of encashment of earned leave of a non-government employee at the time of his retirement is
ARs. 7,00,000
B:-Rs. 3,00,000

೦-೫೩. 5,00,000

१७. 20.00.000

Correct Answer:- Option-B

‘Question47--While computing the income under the head ‘Income from House property’, which among the following is allowed as a deduction from Annual value ?
i. 30% of annual value as standard deduction,

ii. Interest on loan taken for the purchase, construction of the house relating to the previous year.
ii, Interest on loan taken for construction, purchase of the house for the period prior to the previous year
iv. Unrealised rent

Asiand ii only

Boil and iv only

Ceili and iv only

il and il only
Correct Answer: Option-D
Question48-Sec, 35ABA of Income Tax Act 1961 deals with the deduction of expenditure in connection with
Capital expenditure to obtain licence to operate telecommunication services
B:-Expenditure on Scientific Research
Capital expenditure to obtain right to use spectrum for telecommunication services
Expenditure on in-house research
Correct Answer Option-C

‘Question49:-U/s S4EC of Income Tax Act 1961, the maximum exempted amount of investment of capital gain arising from the transfer of a long term capital asset in long term
specified asset in the subsequent financial year of transfer is,

A=Rs. 25,00,000
8:-85. 50,00,000
೦-೩೩. 20,00,000

85. 3,00,00,000

Correct Answer:- Option-B

‘QuestionS0-Which among the following incomes are taxable under the head ‘Income from other sources’ ?
|. Dividend from a Domestic Company

li. Dividend from a Foreign Company

li, Dividend from a co-operative society

iv. Income from Royalty

\. Salary of MPs and MLAs

Asi, ۷
Bui, iliand iv
Ceili, ivand v

li, i, iv and v
Correct Answer:- Option-D

‘QuestionS1-Which among the following is/are a no limit donation eligible for deduction @ 100% U/s 80 G ?
i. Jawahar Lal Nehru Memorial Fund

ii, Prime Minister's Draught Relief Fund

ii, india Gandhi Memorial Trust

iv. Prime Minister's National Relief Fund

Aziv only
Boll and ti
Ceili and iv

18೧6 ti

Correct Answer:- Option-A

‘QuestionS2:-How much is the percentage of advance tax payable by an assessee up to December, 15 of the Financial year U/s 243C of the Income Tax Act, 1961 ?
۸196

8:-36%
೦75%
D:-60%
Correct Answer Option-C
Question53:-Which authority will notify the rates oftax to be levied under CGST ?
Central Government Suo motu
B:-State Government Suo motu
C+GST Council Suo motu
Central Govemment on recommendation of GST Council

Correct Answer:- Option-D