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Subject Name: Direct Taxation Class: TYB.ComSemester: VMarks: 40Date:1792020Time: 30 minMultiple choice questions:1. a. b. c. d.___company always resident in India Indian Investment Industrial Individual2. a. b. c. d.Municipal taxes is always calculated on ___ Net Annual Value Municipal Valuation Fair Market Value Gross Annual Value3. a. b. c. d.Deduction under section 80CCC is allowed to the extent of ___ Rs. 2,00,000 Rs.1,50,000 Rs.1,00,000 Rs. 50,0004. Mr. Sameer
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