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Updated 11th Standard Commerce Study Materials 2022-2023 Exams

11th Commerce - Direct Taxes Book Back Questions Question Bank Software Sep-12 , 2019

Direct Taxes 

11th Commerce - Direct Taxes Book Back Questions

Direct Taxes Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    3 x 1 = 3

  1. Income Tax is ___________

    (a)

    a business tax

    (b)

    a direct tax

    (c)

    an indirect tax

    (d)

    none of these

  2. The year in which income is earned is known as _____.

    (a)

    Assessment year 

    (b)

    Previous year

    (c)

    Light year 

    (d)

    Calender year

  3. The aggregate income under five heads is termed as _______.

    (a)

    Gross Total Income

    (b)

    Total Income

    (c)

    Salary Income

    (d)

    Business Income

    4. 3 x 2 = 6

  4. What is Income Tax?

  5. Define the term person?

  6. What is an assessment year?

    7. 2 x 3 = 6

  7. List out the five heads of income.

  8. Write short notes on :
    1. Direct Tax
    2. Indirect Tax.

    9. 2 x 5 = 10

  9. Write a note on the structure of Indian Taxation system:

  10. Write a note on slab rate of Income tax charged on Individual:

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