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”
Who among the following was India's defence minister during the 1971 war between India and Pakistan?
The inaugural match of the Women Premier League 2023 cricket was played in which of the following venues?
Greenland falls under which of the following continents?
Which of the following organizations has successfully demonstrated the hypersonic air-breathing scramjet technology with a flight test of the Hypersonic...
Which one of the following state of India having the sex ratio above 1000?
Which politician was awarded the Sahitya Akademi Award 2021 for 'Mirjafar O Anyanya Natak’?
Which Indian cricketlegend was recently awarded honorary membership ofthe prestigious Melbourne Cricket Club (MCC) during the India-Australia Boxing Day...
Which of the following statements regarding the Member of Parliament Local Area Development Scheme are correct?
1. The nodal ministry for the ...
Inside the human body, blood does not coagulate due to the presence of ______.
What is the percentage of GST charged on hotel rooms?