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Q. Bonus shares are issued by a company to its ______ without receiving any amount from them.

Q. A person who derives his income by dealing in shares of private, unlisted and public limited companies are covered under the head.

Q. As per Income Tax Act, 1961, income tax is charged on the income of at a rate which are prescribed by the Finance Act of relevant assessment year.

Q. Perquisite received by the assessee during the course of carrying on his business or profession is taxable under the head.

Q. Gain from sale of shares of Private Limited companies is taxable under section_________.

Q. Income received in India whether occurred in India or outside India, the tax incidence in case of non-resident is .

Q. Gifts received from relatives on the occasion of marriage would be