The CBDT consists of

A. One director & Two Members

B. One President & Seven Members

C. One Chairman & Six Members

D. None of the above.

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  1. House Rent Allowance is exempt from tax
  2. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  3. The first income tax act was introduced in the year
  4. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  5. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  6. Every employer should pay fringe benefit tax within
  7. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  8. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  9. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  10. The apex body of Income Tax Department. is
  11. A company is considered to be resident if
  12. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  13. Tax' is imposed on a person by
  14. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  15. The term "Person" includes
  16. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  17. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  18. Income Tax Act 1922 is a "milestone" because
  19. For a senior citizen the amount of deduction U/s 80D available is
  20. The TDS Certificate issued by an employer to his employees in case of salary income is
  21. Any receipt of casual and non-recurring nature is known as casual income
  22. The aggregate amount of deductions under chapter VI-A can not exceed
  23. The income of previous year of an assessee is taxed during the following assessment year
  24. Assessment year 2006-07 commenced on
  25. PAN is necessary for the following assessees -
  26. Which of the following statements is incorrect?
  27. Sec. 234A deals with
  28. Uncommuted pension received by a Government employee is fully exempt from tax.
  29. The rates of Income Tax are specified in
  30. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…