Questions with Answers on Income Tax & Computation of Income & Deductions & Exemptions

Questions with Answers on Income Tax

What are the Basic Rules of Income Tax?
Explain the Rule of Corporate Tax.
Explain the Residential Status of a Company.

Questions with Answers on Computation of Income

How to do the Computation Under Different Heads of Income?
What are Set off and Carry Forward of Losses?

Questions with Answers on Deductions & Exemptions

Explain the Deduction and Exemption in Additional Tax on Undistributed Profit.
Explain the Companies Profit.
What are the features of Surtax Act?
How the Computation of Tax Liability is done?