Question
Under the Income Tax Act, “previous year”
means:Solution
Explanation: •As per Section 3 of the Income Tax Act, the previous year is the financial year immediately preceding the assessment year, in which the income is earned. •Example: For Assessment Year (AY) 2024–25, the Previous Year (PY) is 2023–24.
In the following question, there are 4 sentences marked A, B, C and D. You are required to choose the alternative which represents the most logical se...
Volatile
(1) India continues to be a bright spot in terms of steel demand and consumption as compared to the global scenario, which remains vol...
Scaled
(i) These blennies are cryptically coloured or transparent, heavily scaled, and small.
(ii) An ideal location would be where the co...
Directions : A word is given in each question and used in three different sentences. You have to choose the sentence(s) in which the word is used correc...
- In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which th...
In each of the questions below four words are highlighted in the sentences. One of these four words printed in bold may be either wrongly spelt or inap...
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...
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...
Notion
I. One common Chinese notion is that the elders ought to be respected.
II. I haven't the faintest notion what they mean.
III...
The two parties will soon appoint a person to settle the disputes between them .
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