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Online Quiz on Basics of Income Tax
Developed by Dr. Supriya Chougule, Assistant Professor, D.R.K.College of Commerce, Kolhapur
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Q.1) Previous year is
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2 points
preceding year to assessment year
Income computation year
Tax calculating year
Q.2) A Person can earn income from
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2 points
One head
Many heads
Required
Q.3) 10% tax rate (2019-20) is applicable on income....
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2 points
Choose
2.5 L - 5L
5L -7.5L
7.5L -10L
10L -12.5L
12.5L-15L
above 15L
Q.4) Number of Letters and Digits in PAN card are
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2 points
9
8
10
12
None of these
Q.5) Income tax act was first time levied in the year...
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2 points
1960
1961
1963
1965
Q.6) Income Tax is.....
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2 points
Direct Tax
Indirect Tax
A and B both
Q.7) Assessee includes.....
2 points
Individual
HUF
Firm
Company
AOP
Local Authority
Artificial Juridical Person
All of above
Clear selection
Q.8) Guess name of the person
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2 points
Indra Nooyi
Nirmala Sitaraman
Sudha Murthy
Q.9) Income Tax is levied on .....
2 points
Monthly basis
Quarterly basis
Half Yearly basis
Yearly basis
None of these
Clear selection
Q.10) Income tax department works under-
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2 points
CBDT
State Govt.
President
Income Tax Commission
Submit
Clear form
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