1. A person leaves India permanently on 15.11.2024. AY for income earned till 15.11.2024 in this case shall be:
2. Surcharge in case of a foreign company is payable at the rate of:
3. Surcharge on income tax for AY 2025-26, is payable by an Individual/HUF/AOP/BOI at the rate of
4. In case of a domestic company whose gross receipts for PY 2022-23 is ₹ 51 crores, the rate of tax applicable is:
5. Surcharge applicable to a domestic company is:
6. What is the basic exemption limit for a woman assessee for AY 2025-26, who turned 60 years on 2.4.2025?
7. Basic slab limit for Mr X, a resident individual, for PY 24-25 who turns 60 years of age on 1.4.2025 is:
8. Mr Arjun, aged 53 years, has a total income of ₹ 51L for AY 2025-26. His total income comprises of salary, income from house property & interest on savings bank account. His tax liability for AY 2025-26 would be:
10. The Gupta HUF in Maharashtra comprises of Mr Harsh Gupta, his wife Mrs Nidhi Gupta, his son Mr Deepak Gupta, his daughter-in-law Mrs Deepti Gupta, his daughter Miss Preeti Gupta. Which of the members of the HUF are eligible for coparcenary rights?
11. The tax liability of Mr Saral, who attained the age of 60 years on 01.04.2025 and has opted out of default tax regime prescribed u/s 115BAC for PY 2024-25, on the total income of ₹ 5,60,000, comprising of salary income and interest on fixed deposits, would be:
12. The tax liability of Nirlep Co-operative Society (does not opt to pay tax u/s 115BAD) on the total income of ₹ 90,000 for PY 2024-25 is:
13. What is the amount of marginal relief available to Sadvichar Ltd, a domestic company on the total income of ₹ 10,03,50,000 for PY 2024-25 (comprising only of business income) whose turnover in PY 2022-23 is ₹ 450 crore, paying tax as per regular provisions of Income Tax Act? Assume that the company does not exercise option u/s 115BAA.
14. The tax payable by Dharma LLP on total income of ₹ 1,01,00,000 for PY 2024-25 is:
15. During PY 2024-25, Mr Ranjit has STCG of ₹ 95 lakhs taxable u/s 111A, LTCG of ₹ 110 lakhs taxable u/s 112A and business income of ₹ 90 lakhs. Which of the following statements is correct?
