Question
Mr. A transfers fixed deposit of ₹5 lakh to his wife
without consideration. Interest of ₹50,000 is earned in her name. How will it be taxed?Solution
Under Section 64(1), income from assets transferred to spouse without consideration is clubbed with transferor’s income.
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
In the following questions, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to ...
Cater
(i) The umpteen four-wheelers and six-wheelers maintained by the institutions cater to the needs of students.
(ii) Corrianders Resta...
(i) obtain
(ii) lament
(iii) rejoice
(iv) flaunt
Directions: In the given question, a word has been mentioned and there are three ways in which the word has been used in either similar or different w...
Directions : These questions have a base word that is used in the statements given below. Choose the option in which the usage of the word is appropria...
MARK
Select one word for the following group of words.
Open refusal to obey orders
In each of the questions given below, two phrases in a sentence are highlighted which may or may not be correctly used. From the given choices...
(i) eager
(ii) avid
(iii) protect
(iv) rage
