Question
Who among the following assesses is NOT liable to pay
advance tax?Solution
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.
Simplify:
4x + 6y - [(8x + 5y) - (3x + 2y) + 3y] - 2xIf 112 ÷28 x 22 –12 x 6 ÷ 3 +12 = z, then find the value of z.
If a = (√2 - 1)1/3, then the value of (a-1/a)3 +3(a-1/a) is:
Solve for x in the equation: 3(x + 2) + 2(2x - 5) = 5x + 9
If p = 32 - q - r and pq + r(q + p) = 255, then find the value of (p² + q² + r²).
If a + b + c = 9 and ab + bc + ca = 20, then find the value of a² + b² + c².
If, ( a + b = 8 ) and ( a² + b² = 40 ), then find the value of (a³ + b³).
f(y) = y² – 5y + 6. Determine f(3) + f(–2).
If the sum of three numbers is zero, then which of the options below will always be equal to the value of the sum of the cubes of those numbers?