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”
What is transition point in respiration?
World Coconut day is observed on _____
Mallika is the cross betweenÂ
The optimum temperature for the germination of wheat seed is ____.
MIC is used in the manufacture of which insecticide?
Income elasticity for normal goods is:
Dehorning of horned cattle is the process of removal of their horns or the process of preventing their growth. The process of dehorning is accomplished ...
The law that determines the best uses of limited resources among alternative uses is known as:
International year of potato was celebrated in
Cocconut contains how much percentage of oil?
