Question 1
Under the Income-tax Act, 1961, the 'previous year' for an assessee is generally the financial year:
Correct Answer:
In which income is earned, ending on 31st March
Question 2
An individual is treated as a 'resident' in India for a previous year if he is in India for 182 days or more in that year, OR for 60 days or more in that year and:
Correct Answer:
365 days or more in the 4 preceding previous years
Question 3
Agricultural income earned in India is:
Correct Answer:
Exempt under section 10(1) but may be aggregated for rate purposes
Question 4
Income deemed to accrue or arise in India is taxable in the hands of:
Correct Answer:
All assessees, irrespective of residential status
Question 5
For AY 2025-26, under the default tax regime u/s 115BAC, the standard deduction available to a salaried employee from salary income is:
Correct Answer:
Rs. 75,000
Question 1
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Prepare with the CA Inter Paper 3 Taxation Practice Questions - CA Intermediate Paper 3 Taxation Exam practice quiz. This question bank includes 100 questions covering section, income, year, rate, and regime. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CA Inter Paper 3 Taxation Practice Questions - CA Intermediate Paper 3 Taxation Exam

This practice set contains 100 questions from the matching question bank and focuses on section, income, year, rate, and regime. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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