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Comprehensive Income Tax Question Guide

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0% found this document useful (0 votes)
10 views3 pages

Comprehensive Income Tax Question Guide

Uploaded by

Aisha Gadkari
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Topic-wise Grouping of All Questions

I. Basic Concepts & Definitions (Income Tax Act)


1. Definition of Person
2. Concept of Income under the Income Tax Act
3. Meaning of ‘Income’ under Income Tax Act, 1961
4. ‘Persons’ under Income Tax Act, 1961
5. Charge of Income-Tax under Section 4 of Income Tax Act

II. PAN, Return & Assessment


6. Permanent Account Number
7. Permanent Account Number (PAN)
8. Return of Income
9. Self-assessment
10. Best Judgment Assessment and Summary Assessment
11. Fee for default in furnishing return of income

III. Advance Tax & TDS


12. Provisions relating to Advance Tax
13. Explain deduction of tax at source
14. State the duties of the person responsible for deducting tax at source
15. Can mistakes in the order passed by Income Tax authorities be rectified?

IV. Income from Salary


16. When is income received called as Salary and which are the deductions permitted
under the head “Income from Salary”?
17. Gratuity exemption under Income Tax Act, 1961
18. Provident fund exemption under Income Tax Act, 1961

V. Income from House Property


19. Deductions for ‘income from house property’ under Income Tax Act, 1961
20. Deductions while calculating income from let out property
VI. Clubbing of Income
21. Provisions relating to Taxation of minor income

VII. Dividend & Other Income


22. Provisions relating to Taxation of Dividend income

VIII. Deductions (Chapter VI-A)


23. Deductions u/s 80 G

Deductions u/s 80 DD

24. Deductions u/s 80 U

IX. Losses
26. Inter source adjustment of loss and restrictions while doing the adjustment

X. Residential Status
27. Residential Status for Income Tax

XI. GST
28. Impact of GST on the Indian economy
29. Who are liable for procuring Registration under GST and how will the effective date
of registration under GST be determined?
30. Limitations of Composition Scheme under GST

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