HomeQuizIncome tax Bank PO MCQ Questions With Answers
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1. The provisions relating to the income from house property are contained in sections.

2. Interest on pre construction period will be allowed in __________ equal annual instalments.

3. Maximum deduction of interest on loan borrowed before 1.4.99 in case of self occupied house is:

4. A Standard deduction of _________ of the net annual value is allowed as deduction u/s 24.

5. A rent which a similar property can fetch in a similar locality is called.

6. Municipal taxes paid by tenant is deducted from GAV

7. Maximum deduction of interest on loan borrowed after 1.4.99 in case of self occupied house is:

8. GAV of let-out house is:

9. Maximum loss possible on self occupied house is

10. Unrealized rent is deducted from Expected rent