1. Under section 80GGB, deduction is allowable in respect of contribution to political parties by
A. any person other than local authority and every artificial juridical person wholly or partly funded by the Government
B. Local authority and every artificial juridical person wholly or partly funded by the Government
C. An Indian company
D. Any Assessee
2. An assessee has paid life insurance premium of ₹ 25,000 during the previous year for a policy of ₹ 1,00,000 taken on 1.4.2016. He shall
A. not be allowed deduction u/s 80C
B. be allowed deduction of ₹ 20,000 u/s 80C
C. be allowed deduction of ₹ 25,000 under section 80C
D. be allowed deduction of ₹ 10,000 u/s 80C
3. For the purpose of full-time education, only tuition fees of upto _____ children are allowed as deduction under section 80C.
A. 3. B. 2. C. 4. D. 1
4. For claiming deduction u/s 80C in respect of life insurance, premium can be paid by assessee for
A. himself only B. himself or spouse
C. himself, spouse and minor children
D. himself, spouse and independent children
E. himself, spouse and any child
5. Deduction under section 80D is allowed if the premium is paid to:
A. Life Insurance Corp
B. Medical insurance
C. Life Insurance & General Insurance Corp
Solutions:
1. C 2. D 3. B 4. E 5. B
1. Deduction under section 80CCD is allowed to extent of
A. Central Govt Employees only
B. Central & State Govt employee
C. Any employee
D. any employee or self-employed individual
2. As per section 80CCE, deduction u/s 80C, 80CCC and 80CCD cannot exceed:
A. ₹ 1,00,000 including employers’ contribution to notified pension scheme referred in section 80CCD
B. ₹ 1,50,000 exclusive of employers’ contribution to notified pension scheme referred in section 80CCD
C. ₹ 1,20,000
3. Deduction under section 80G on account of donation is allowed to
A. Business Assessee only
B. Any Assessee
C. Individual/HUF
4. Sec.80G specify the deduction for
A. Donation
B. Rent paid
C. Investment in PPF
D. None
Solutions:
1. D 2. B 3. B 4. A
Other general MCQs:
1. Deduction in respect of rent paid u/s 80 GG shall be allowed to:
A. an individual
B. an individual or HUF
C. any assessee
2. The maximum deduction u/s 80GG shall be limited to
A. ₹ 1,000 p.m. B. ₹ 5,000 p.m.
C. ₹ 3,000 p.m.
3. Deduction u/s 80 GGA in respect of certain donation for scientific research or rural development is allowed to
A. Any assessee
B. non corporate business assessee
C. an assessee whose gross total income does not include income chargeable U/H Business and Profession
4. Deduction u/s 80GGA shall be allowed to the extent
A. 100 % of the donation so made
B. 1 ¼ times of the donation so made
C. 1 ½ times of the donation so made
5. Deduction u/s 80JJA in respect of profits and gains from business of collecting and processing of
bio degradable work is allowed to the extent of
A. 100 % of the profits derived from such business or ₹ 5,00,000 whichever is less
B. 100 % of the profits for a period of 10 years
C. 100 % of the profits for a period of first 5 consecutive assessment years
6. Deduction u/s 80JJAA in respect of employment of new worker be allowed to
A. any assessee B. an Indian company
C. an Assessee liable to Tax Audit
7. Deduction u/s 80JJAA shall be allowed to a new Industrial undertaking owed by a company
assessee in respect of employment of regular workmen exceeding
A. 80 workmen B. any workmen C. 150 workmen
8. Deduction u/s 80 JJAA not available to workmen worked for less than 240 days
A. False B. True C. Partly True
9. Deduction u/s 80 JJAA to existing industrial undertaking shall be allowed for the
A. additional wages paid to new workmen employed during the year
B. 30% additional wages paid to new workmen
C. additional wages paid to new workmen employed during the year in excess of 100
workmen
10. Deduction under section 80 QQB is allowed in respect of royalty income to
A. an individual who is an author of a book
B. an individual who is a resident of India and who is an author of a book
C. an individual who is a resident of India who is either an author of a book or a joint author
of the book
11. Deduction u/s 80QQB is allowed to an author of a book of literacy or artistic or scientific
nature who is resident in India to the extent of
A. Literature Nature B. Scientific Nature C. Artistic Nature
D. literary or artistic nature E. scientific or artistic nature
F. literary, artistic or scientific nature
12. Deduction u/s 80QQB is allowed to an author of a book of literary or artistic or scientific
nature who is resident of India to the extent of:
A. 100 % of royalty income ₹ 5,00,000 whichever less
B. 100 % of royalty income ₹ 3,00,000 whichever less
C. 50 % of royalty income ₹ 5,00,000 whichever less
D. 50% of royalty income ₹ 3,00,000 whichever less
13. Deduction u/s 80RRB in respect of royalty on patents shall be allowed to:
A. any Individual B. Individual being resident
C. an individual who is resident of India and is a patentee or co-patentee
14. Deduction under section 80 RRB is allowed to the extent of:
A. 50 % of royalty or ₹ 3,00,000 whichever less
B. 100% of royalty or ₹ 3,00,000 whichever less
C. 100% of royalty or ₹ 2,00,000 whichever less
D. 100% of royalty or ₹ 5,00,000 whichever less
15. Deduction u/s 80U in case of person with disability is allowed to
A. an individual who is citizen of India
B. an individual who is resident of India
C. any individual assessee
16. The quantum of deduction allowed u/s 80U is
A. ₹ 40,000 B. ₹75000/125000
C. ₹ 50,000 in case of individual resident of India who is a person with severe disability
D. ₹ 60,000
17. Where the return on income is filed after the due date specified u/s 139 (1)
A. all deductions under chapter VI i.e., 80C to 80 U will be allowable
B. all deductions under chapter VI i.e., 80C to 80 U will not be allowable
C. all deductions under chapter VI i.e., 80C to 80 U excepting 80-IA, 80-IAB, 80-IB, 80-
ID, 80 –IE will be allowable
18. Deduction u/s 80U for a person with severe disability shall be
A. ₹ 50,000 B. ₹ 1,25,000 C. ₹ 75,000 D. No limit
19. Deduction allowed u/s 80DDB [age 40years] shall be:
A. lower of ₹. 40,000/amount incurred B. lower of ₹. 60,000/amount incurred
C. higher of ₹. 40,000/amount incurred D. higher of ₹60,000/amount incurred
20. Deduction allowed u/s 80DDB shall be if the amount has been incurred on the treatment of
senior citizen:
A. lower of ₹. 40,000/amount incurred B. lower of ₹100,000/amount incurred
C. higher of ₹. 40,000/amount incurred D. higher of ₹60,000/amount incurred
Solutions:
1. A 2. B 3. C 4. A 5. C
6. C 7. B 8. B 9. B 10. C
11. F 12. B 13. C 14. B 15. B
16. B 17. C 18. B 19. A 20. B
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