Answer: Option C ✓ Part 1 — Should he have filed the return? No obligation. His income (6%
Category: Quiz
Tax Quiz 3
Answer: Section 17(2)(vi) covers perquisites as prescribed by the Board (CBDT). The prescribed perquisites under Rule 3 cover: Accommodation (Rule
Tax Quiz 2
Tax Quiz Answer The correct answer is B. ₹9 lakh taxable as salary, ₹3 lakh capital receipt Here’s the reasoning
QUIZ 1
Ans to quiz 1: Correct Answer: YES, still taxable in April Even though it is advance against future salary, the