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Q. A company in which at least 50% of the shares are held by a foreign government is ___________.

Q. Income tax is collected by

Q. Income tax is collected on all types ofincome except .

Q. A loss on the sale of jewellery is _______ under the head capital gain.

Q. The capital gain is chargeable under of Income Tax Act.

Q. Under the head Business or Profession, the method of accounting which an assessee can follow shall be:

Q. Maximum limit for the deduction of Life insurance premia from the gross total income is .

Q. Gifts received from others on the occasion other than marriage would be taxable if the aggregate amount exceeds