Advanced Questions

1:

R, a chartered accountant is employed with R Ltd., as an internal auditor and requests the employer to call the remuneration as internal audit fee. R shall be chargeable to tax for such fee under the head.

A.

Income from salaries

B.

Profit and gains from Business and Profession

C.

Income from other sources.

D.

None of the above

 

Answer : A

Explanation :

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Option: A

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