Questions
1
In case of a female individual, who is of 59 years of age, what is the maximum exemption limit for AY? 2019-20:
Answer:Rs.` 2,50,000
2
The income-tax payable by a Resident Individual (aged 30 years) for AY. 2019-20 if his total income is Rs.`3,00,000 will be:
Answer:Nil
3
The income-tax payable by a Non Resident Individual (aged 30 years) for Assessment Year 2019-20 if his total income is Rs.` 2,70,000 will be:
Answer:Rs.1040
4
The income-tax payable by a Resident Individual (aged 30 years) for AY. 2019-20 if his total income is Rs.` 3,01,500 will be:
Answer:Rs.` 78
5
The income-tax payable by a Mrs. Swati Non Resident Individual (aged 65 years) for AY. 2019-20 if her total income is Rs.` 2,75,000 will be:
Answer:Rs.` 1300
6
The income-tax payable by a Mr. Bansal Resident Individual (aged 25 years) for AY. 2019-20 if his total income is Rs.` 4,50,000 will be :
Answer:Rs.10,400
7
Arun, a non-resident of India celebrated his 80th birthday on 10th October 2018. If his total income for the previous year is Rs.` 6,00,000, his income-tax liability for the previous year 2018-19 is
Answer:Rs. ‘ 33,800
8
The amount of marginal relief admissible to Mr. Bansal Resident Individual (aged 25 years) for AY 2019-20 if his total income is Rs.1,01,00,000 will be :
Answer:Rs.3,56,375
9
The maximum income of ` ---------------is not chargeable to tax is case of non-resident woman of 60 years of age.
Answer:2,50,000
