CA Inter Salaries — practice questions
30 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Inter Salaries in the app →Income under the head 'Salaries' is charged to tax under Section ___ of the Income-tax Act:An essential condition for income to be taxable under 'Salaries' is the existence of a/an:Salary is chargeable to tax on the basis of:The standard deduction available from salary income under Section 16(ia) is:Exemption in respect of House Rent Allowance is governed by Section:Gratuity received by an employee is exempt, subject to limits, under Section:The uncommuted (monthly) pension received by an employee is:Exemption for leave encashment received on retirement is dealt with under Section:Benefits provided by an employer in addition to salary, such as rent-free accommodation, are called:Perquisites are defined under Section ___ of the Income-tax Act:Dearness Allowance received by an employee is:'Profits in lieu of salary' are included in salary income under Section:Professional tax (tax on employment) paid is allowed as a deduction from salary under Section:Deduction for entertainment allowance under Section 16(ii) is available only to:HRA exemption is the least of three amounts; one of them is rent paid in excess of ___ of salary:The employer's contribution to a Recognised Provident Fund is exempt up to ___ of the employee's salary:Income from salary is taxed in the hands of the:Where an employee receives salary from more than one employer in a year, the total of all such salaries is:A rent-free accommodation provided by an employer is taxable as a:Allowances granted to meet personal expenses, such as Dearness Allowance, are generally:Pension commuted (received as a lump sum) by a non-government employee is partly:The value of perquisites forms part of:Salary foregone by an employee is:A deduction under Section 16 is allowed from:Arrears of salary received are taxable in the year of receipt, with relief available under Section:Allowances that are fully exempt from tax in the hands of the employee are an exception to the general rule thThe value of a motor car provided by an employer for the employee's personal use is taxed as a:Income from salary is computed after allowing deductions specified under Section:Advance salary received by an employee is taxable:Tax deducted by the employer on salary is governed by the TDS provision in Section: