these are the few questions from tax laws test papers[3/4/5]
in what status LLP is taxed under the act:
1. individual 2. LLP 3. firm 4. corporate . in my views answer is 2
2. the income of minor child shall be taxable in excess of rs ______ in he hands of parents
3. provisions of section 44AD shall not apply where gross recepits exceed __________
4. it is obligatory for an assessee topay advance tax where the amount of tax payable is rs__________ or more.
[True or false]
interest received on enhanced compensation is chargeable under thehead capital gains
an assessee shall be allowed deduction of payment of electricity bill of the house under the head income from house property
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