Latest Notifications

Exam Eligibility

Exam Dates

Exam Pattern

Syllabus

Admit Card

Exam Cutoff

Answer Key

Exam Results

Daily Current Affairs

Current Affairs Quiz

Daily Editorial

Daily Vocabulary

Study Plan

Important Days

Question Paper

Previous Year PDF

English Language

Logical Reasoning

Quantitative Aptitude

General Knowledge

General Awareness

General Science

Today in History

Know Your State

Full Form

Know Your Country

Government Schemes

Know Your City

Know Your Leader

Books and Authors

question answer

Quiz

Courses

Classes

Get free access to 8 articles related to it and corporate tax

Mridul Mehta has very keen interest in the government exams and know a lot about the exam patterns, question difficulties etc.

10+ Years Experience in the Government Exams

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-0927514863-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-6274391058-3"><b>Question On IT And Corporate Tax </b></h2>In case of making rental payment for the use of building, applicable TDS rate u/s 194I of the Income Tax Act will be:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 35 Seconds </h3></div></div><h2 id="content-id-0683519247-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">1%</span></p>
</li><li><p><span style="font-size:14px">10%</span></p>
</li><li><p><span style="font-size:14px">2%</span></p>
</li><li><p><span style="font-size:14px">5%</span></p>
</li></ol> <h2 id="content-id-4902653871-5"><b> IT And Corporate Tax Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The correct answer is <strong>option 2 </strong>i.e. <strong>10%.</strong><br>
Under section 194I, every person making rental payment exceeding 2,40,000/- shall deduct TDS as per following provisions: </span></p>

<ul>
	<li style="text-align:justify"><span style="font-size:14px">Payment of rent on land, building, furniture and fittings  @10%  </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Payment of rent on plant, machinery or equipments @ 2%</span></li>
</ul>
<h2 id="content-id-7543160928-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


Since 1995, Neetu Mam is Providing Free Content for English to the Students

Best Publisher for English Content

In case of making rental - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-9573264801-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-3157209486-3"><b>Question On IT And Corporate Tax </b></h2>As per the Income Tax Act, Income of an assessee is assessed under section: 
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-2957803146-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p>143(1)</p>
</li><li><p>140</p>
</li><li><p>143(3)</p>
</li><li><p>144</p>
</li></ol> <h2 id="content-id-6297504318-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 1 </strong>i.e. <strong>143(1).</strong><br>
Under the Income-tax Law, there are five major assessments given below:</span></p>

<ul>
	<li><span style="font-size:14px">Assessment under section 143(1) :   Summary assessment without calling the assessee.</span></li>
	<li><span style="font-size:14px">Assessment under section 143(3) :   Scrutiny assessment.</span></li>
	<li><span style="font-size:14px">Assessment under section 144      :  Best judgment assessment.</span></li>
	<li><span style="font-size:14px">Assessment under section 147      :  Income escaping assessment.</span></li>
	<li><span style="font-size:14px">Assessment under Section 140A   :  Self assessment of Income Tax</span></li>
</ul>






<h2 id="content-id-3274598160-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


As per the Income Tax Act - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-4985603127-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-8360279451-3"><b>Question On IT And Corporate Tax </b></h2>Which one of the following is not allowed as deduction u/s 37(1) of the Income Tax Act:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-6509234871-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">Litigation expenses in protecting the trade or business.</span></p>
</li><li><p><span style="font-size:14px">Royalty paid by an assessee to a company for using its logo</span></p>
</li><li><p><span style="font-size:14px">Commission paid at a percentage of profits to general manage</span></p>
</li><li><p><span style="font-size:14px">Payments made for acquisition of goodwill.</span></p>
</li></ol> <h2 id="content-id-0789461352-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>Payments made for acquisition of goodwill.</strong><br>
Allowed:</span></p>

<ul>
	<li><span style="font-size:14px">Litigation expenses in protecting the trade or business.</span></li>
	<li><span style="font-size:14px">Expenses on litigation (whether civil or criminal) if incurred wholly and exclusively for the purpose of the business.</span></li>
	<li><span style="font-size:14px">Legal charges for obtaining a loan from a financial institution.</span></li>
	<li><span style="font-size:14px">Royalty paid by an assessee to a company for using its logo.</span></li>
	<li><span style="font-size:14px">Consultancy charges paid for maintenance of software.</span></li>
	<li><span style="font-size:14px">Environment monitoring expenses and community development expenses.</span></li>
	<li><span style="font-size:14px">Litigation expenses for making agreements, various deeds, etc.</span></li>
</ul>

<p><span style="font-size:14px">Not Allowed:</span></p>

<ul>
	<li><span style="font-size:14px">Damages and penalty paid for transgressing the terms of agreement with the State.</span></li>
	<li><span style="font-size:14px">Penalty and damages paid in connection with infringement of law.</span></li>
	<li><span style="font-size:14px">Litigation expenditure incurred for curing any defect in title of assets or completing that title.</span></li>
	<li><span style="font-size:14px">Litigation expenses for registration of shares.</span></li>
	<li><span style="font-size:14px">Fees paid for increase of authorised capital.</span></li>
	<li><span style="font-size:14px">Payments made for acquisition of goodwill.</span></li>
</ul>

<p><span style="font-size:14px">Refer section 37(1) of the income tax act for detailed list of items allowed and not allowed.</span></p>
<h2 id="content-id-3196754280-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


Which one of the followin - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-5180329467-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-9824765310-3"><b>Question On IT And Corporate Tax </b></h2>The Income Tax Return (ITR) Form used in case of presumptive business income is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-2154679830-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">ITR-2</span></p>
</li><li><p><span style="font-size:14px">ITR-3</span></p>
</li><li><p><span style="font-size:14px">ITR-5</span></p>
</li><li><p><span style="font-size:14px">ITR-4</span></p>
</li></ol> <h2 id="content-id-1647328950-5"><b> IT And Corporate Tax Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>ITR-4.</strong></span><br>
<span style="font-size:14px">ITR Form:<br>
ITR 1  applicable in case of Individual, HUF (Residents) having income < 50 Lac. (No Business Income)<br>
ITR 2    Individual, HUF having income > 50 Lac (No business income)<br>
ITR 3    Individual or HUF, partner in a Firm <br>
ITR 4    Individual, HUF, Firm  (Presumptive Business Income)</span></p>
<h2 id="content-id-7028415963-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


The Income Tax Return IT - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-1468920735-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-6023517498-3"><b>Question On IT And Corporate Tax </b></h2>An annual consolidated tax credit statement that taxpayers can access, view or download from the income tax website is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-0195473826-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">Form 16</span></p>
</li><li><p><span style="font-size:14px">Form 16A</span></p>
</li><li><p><span style="font-size:14px">Form 15</span></p>
</li><li><p><span style="font-size:14px">Form 26AS</span></p>
</li></ol> <h2 id="content-id-8274350961-5"><b> IT And Corporate Tax Questions Solution</b></h2><ul>
	<li style="text-align:justify"><span style="font-size:14px">Form 26AS is an annual consolidated tax credit statement that taxpayers can access, view or download from the income tax department's e-filing website.</span></li>
	<li style="text-align:justify"><span style="font-size:14px">It shows the TDS details as well as past income tax refunds.</span></li>
</ul>
<h2 id="content-id-9645381072-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


An annual consolidated ta - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-5617293408-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-8571436029-3"><b>Question On IT And Corporate Tax </b></h2>As per the Income Tax Act, the last day to pay the third installment of advance income tax is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-5970328164-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">31 December</span></p>
</li><li><p><span style="font-size:14px">15 January</span></p>
</li><li><p><span style="font-size:14px">15 December</span></p>
</li><li><p><span style="font-size:14px">31 March</span></p>
</li></ol> <h2 id="content-id-0468752319-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 3 </strong>i.e. <strong>15 December.</strong><br>
Schedule of advance tax:</span></p>

<p><span style="font-size:14px">1st installment  (15%)                15 June</span></p>

<p><span style="font-size:14px">2nd Installment (45%)               15 September</span></p>

<p><span style="font-size:14px">3rd Installment  (75%)               15 December</span></p>

<p><span style="font-size:14px">4th and Last    (100%)               15 March</span></p>
<h2 id="content-id-4093125768-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-9431056287-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-9126837540-3"><b>Question On IT And Corporate Tax </b></h2>As per the income Tax Act, self-assessment is made under section:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-5268731904-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">143 (1)</span></p>
</li><li><p><span style="font-size:14px">143 (3)</span></p>
</li><li><p><span style="font-size:14px">140A</span></p>
</li><li><p><span style="font-size:14px">147</span></p>
</li></ol> <h2 id="content-id-4602573819-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 3 </strong>i.e. <strong>140A.</strong><br>
Under the Income-tax Law, there are five major assessments given below: </span></p>

<ul>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 143(1) :  Summary assessment without calling the assessee.</span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 143(3) :   Scrutiny assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 144      :  Best judgment assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 147      :  Income escaping assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under Section 140A   :  Self assessment of Income Tax      </span></li>
</ul>
<h2 id="content-id-1387526094-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


As per the income Tax Act - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-8241506379-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-5123079468-3"><b>Question On IT And Corporate Tax </b></h2>A person is said to be a person of Indian origin under the Income Tax Act if:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-1690875324-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">He is resident of India</span></p>
</li><li><p>He is Non resident of India</p>
</li><li><p><span style="font-size:14px">his parents or any of his grand-parents, was born in India</span></p>
</li><li><p><span style="font-size:14px">he, or either of his parents or any of his grand-parents, was born in undivided India</span></p>
</li></ol> <h2 id="content-id-0594231768-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>he, or either of his parents or any of his grand-parents, was born in undivided India.</strong><br>
A person shall be deemed to be of Indian origin if he, or either of his parents or any of his grand-parents, was born in undivided India.</span></p>

<ul>
	<li><span style="font-size:14px">Undivided India means India before partition (India, Pakistan, Bangaladesh)</span></li>
</ul>

<p>For detail refer Section 6, Residential status.</p>

<p><span style="font-size:14px"> </span></p>
<h2 id="content-id-5628019437-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on IT And Corporate Tax Questions</b></h3> For Asking any query on IT And Corporate Tax Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the IT And Corporate Tax Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


A person is said to be a - IT And Corporate Tax Questions for Sbi Po