Question
Under the Income-tax Act, 2025, which new unified concept replaces the former distinction between "Previous Year" and "Assessment Year"?
More Taxation Related Questions
- For an individual resident in India (age below 60 years), the basic exemption limit for the Financial Year 2025-26 (A.Y. 2026-27) under the NEW tax regime ...
- Which of the following is not an allowable deduction under Section 80C of the Income Tax Act?
- Taxable person means a person who is
- Mr. Y sold listed equity shares during the Financial Year 2024-25 after holding them for 18 months. The sale consideration amounted to ₹8,00,000, while the...
- The rate of Tax Deducted at Source (TDS) on payments of professional fees to a resident individual (if PAN is furnished) under Section 194J is generally:
- Which section of the Income Tax Act, 1961 deals with the income from "Salaries"?
- The individuals, who have availed loans for purchase of residential property, which was sanctioned between 1st April 2019 and 31 March 2021, can avail the ...
- Under the Income-tax Act, 2025, which new unified concept replaces the former distinction between "Previous Year" and "Assessment Year"?
- 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?
- A registered dealer sells goods worth ₹5,00,000 with GST @18%. He has input tax credit (ITC) of ₹70,000. What is his net GST payable in cash?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)