Question
Which of the following pairs are correctly
matched?Solution
Habeas Corpus: The Supreme Court or High Court can issue this writ against both private and public authorities. Writ of Prohibition can only be issued against judicial and quasi-judicial authorities. It can’t be issued against administrative authorities, legislative bodies and private individuals or bodies Pre-1991: The writ of Certiorari used to be issued only against judicial and quasi-judicial authorities and not against administrative authorities. Post-1991: The Supreme Court ruled that the certiorari can be issued even against administrative authorities affecting the rights of individuals It cannot be issued against legislative bodies and private individuals or bodies Quo-Warranto can be issued only when the substantive public office of a permanent character created by a statute or by the Constitution is involved. It can’t be issued against private or ministerial office.
Which of the following is not an allowable deduction under Section 80C of the Income Tax Act?
A salaried employee earns ₹18 lakhs annually. In FY 2024–25, she contributes ₹1.5 lakh to PPF, ₹50,000 to NPS (u/s 80CCD(1B)), and pays ₹2 lak...
Mr. A (age 35) has a total income of ₹14,00,000. What is his tax liability for A.Y. 2024-25? (Assume no deductions)
The threshold limit for tax audit for business entities under section 44AB has been proposed to change to how much amount for those assessees, where amo...
Which of the following forms are used for applicable for registration?
When is a prospectus called a Red-herring prospectus?
Under the Income Tax Act, 1961, which section deals with deduction of tax at source (TDS) on salary?
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, whil...
Under the Income Tax Act, the maximum amount of deduction allowed under Section 80C for investments/expenditures (for FY 2025-26) is:
An employee receives gratuity of ₹12 lakhs on retirement. What is the maximum tax-exempt amount under the Income Tax Act?