Question
Under the Income Tax Act, 1961, which of the following
incomes is exempt from tax in the hands of an individual?Solution
• Agricultural income earned from land situated in India is exempt under Section 10(1). • Other options are taxable: o Salary (even from a foreign company) is taxable if earned in India o Lottery winnings are taxed at flat 30% u/s 115BB o FD interest is taxable as “Income from Other Sources”
If no external force acts on a system of bodies, the total linear momentum of the system of bodies remains constant. Which law states this?
A man inside an artificial satellite feels weightlessness because the force of attraction due to earth is –
Which of the following is not an abiotic component of our surrounding?
Which of the following element is found in maximum percentage in the human body?
The force which opposes the relative motion between different layers of liquid or gases is called –
Kindly Study the following questions carefully and choose the right answer.
Human saliva contains an enzyme called salivary amylase that breaks...
In Bernoulli's principle, increase in fluid velocity leads to:
Which part of the plant is responsible for photosynthesis?
A body is thrown vertically upwards and then falls back on the ground. Its potential energy is maximum:
What is the reason for twinkling of stars?