Question: When cash is deposited into savings bank account, quoting of PAN is mandatory whenthe amount of deposit is ____ or more. A. Rs. 20,000 B. Rs. 50,000 C. Rs. 1,00,000 D. Rs. 2,00,000 Answer» b. Rs. 50,000 Note: The…

Question: When a charitable trust registered u/s 12AA pays Rs. 50,000 towards rent to a resident for the premises occupied by it without deduction of tax at source for the entire previous year 2018-19, the amount of rental expenditure liable…

Question: Tax payable by a non-resident individual, if he has long term capital gain of Rs. 2,60,000but has no other income is: A. Rs. 1000 plus cess B. Rs. 26,000 plus cess C. Rs. 52,000 plus cess D. None of…