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The term "Person" includes

A. A Registered Firm

B. An Unregistered Firm

C. All of the above

D. None of the above

Correct Answer : C.


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  1. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  2. Tax on fringe benefit has been introduced from the assessment year
  3. Tax' is imposed on a person by
  4. Assessment year 2006-07 commenced on
  5. The income of previous year of an assessee is taxed during the following assessment year
  6. No interest is available if the amount of refund of income tax paid is less than
  7. PAN is necessary for the following assessees -
  8. If both parents are earning then income of a minor child will be clubbed with
  9. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  10. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  11. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  12. TDS, in case of salary should be deposited within
  13. House Rent Allowance is exempt from tax
  14. For a senior citizen the amount of deduction U/s 80D available is
  15. Which of the following income is / are exempt from tax?
  16. The rates of Income Tax are specified in
  17. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  18. A company is considered to be resident if
  19. The rates of income tax are specified in
  20. The first income tax act was introduced in the year
  21. Any receipt of casual and non-recurring nature is known as casual income
  22. If a self occupied property is converted into HUF property without adequate consideration then
  23. Every employer should pay fringe benefit tax within
  24. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  25. The Income Tax Act, which is still in force in India, was enforced in
  26. Sec. 234A deals with
  27. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  28. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  29. The term "Person" includes
  30. The apex body of Income Tax Department. is