Who among the following assesses is NOT liable to pay advance tax?
As per section 208, every person whose estimated tax liability for the year is Rs. 10,000 or more, shall pay his tax in advance, in the form of “advance tax”. In this part you can gain knowledge on various provisions relating to payment of advance tax by a taxpayer. Person not liable to pay advance tax As discussed above, every person whose estimated tax liability for the year is Rs. 10,000 or more is liable to pay advance tax. However, a resident senior citizen (i.e., an individual of the age of 60 years or above during the relevant financial year) not having any income from business or profession is not liable to pay advance tax.
In a cricket match the captain of one of a team scored 27 runs more than the average runs scored by the remaining 7 batsmen of that team who batted in t...
The average age of three children is 14 years. If their ages are in the ratio 1:2:3. Find the age of the youngest child.
The base of a right pyramid is a square of side 10 cm. If its height is 10 cm. then the area (in cm2) of its lateral surface is:
The average score obtained by 10 students in a class test is 68 marks. The top place was shared by 3 people who got the same score. If the lowest score ...
A number is such that when it is multiplied by 6, it gives another number which is as much above from 210 as the original number (itself) is below 210. ...
18 years ago the average age of a family of four members was 45 years. Two children were born in that span of 18 years. The present average age of the ...
60% of 3840 +? + 30% of 4380 = 40% of 8340 + 10% of 3480
The average weight of 4 persons is 40 kg. The heaviest person’s weight is 26 kg more than the lightest person’s weight. If the average weight of the...
There are 15 numbers such that average of first 12 numbers is 50 while the average of last five numbers is 60. Find the 12th number, if the ratio betwee...
The average age of a class of 20 girls is 14 years. If 5 new girls having average age of 9 years join the class, then the average age of the class becomes: