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11th Standard Commerce - Direct Taxes Three Marks Questions Question Bank Software Oct-15 , 2019

Direct Taxes

11th Standard Commerce - Direct Taxes Three Marks Questions

Direct Taxes Three Marks Questions

11th Standard

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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    10 x 3 = 30

  1. What is Gross Total Income?

  2. List out the five heads of income.

  3. Write short notes on :
    a) Direct Tax             b) Indirect Tax

  4. Write short notes on CBDT.

  5. State slab rate for an individual as per the assessment year 2018-19 under income tax act?

  6. Who do income tax is treated as annual tax?

  7. What are all the tax rates prescribed for LTCG, STCG and lottery income?

  8. What do you mean by previous year?

  9. Describe the administration of taxes by the Central Government.

  10. What are the exempted income from Income Tax?

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