Expenditure incurred by an employer on medical treatment and stay abroad of the employee, shall not be taxed in the case of ___________.
If an employer transfers second hand motor car to the employee, the perquisite is valued at -
The following is exempt income :—
The following is not taxable as income under the head "Salaries":-
If an assessee earns rent from a sub-tenant in respect to tenanted property let out as a residence, the said rent is
X Ltd. has failed to remit the tax deducted at source from annual rent of Rs. 6,60,000 paid to Mr. A for its office building. Said rent is —
A partnership firm's profit as per the profit and loss account is Rs. 10,00,000. Its total income determined according to the provisions of the Income- tax Act, 1961 is Rs. 9,00,000. A partner who has 20% share in the firm can claim exemption of amount of Rs.__________under Section 10(2A).
Expenditure incurred in carrying out illegal business is
If any expenditure is incurred by an Indian company wholly and exclusively for purpose of amalgamation or demerger, the said expenditure is
Deduction for bad debts is allowed to an assessee carrying on business