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computation of income under the head salary

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Mock test in computation of income under the head salary for  for preparation of CA Inter, IPCC, CA Final, CS executive, CS Professional, CMA Inter and CMA final exams. income tax basic concepts are also useful for preparation CBCE commerce Students.

computation of income under the head salary MCQ's

Subject :- Taxation

Chapter :- Basis of Charge or Chargeability of Salaries  – Test 1

Questions :- 30

 

Income from salary

According  to Section 15, salary Income is taxable on “due” or “paid” basis whichever is earlier.

Salary would include wages, allowances, annuity, pension, gratuity, fees, commission, advance, leave encashment and also perquisites and profits in lieu of salary etc

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