CS objectives

amita (associate) (53 Points)

12 July 2011  

1.In determining annual value the following factors should be taken into consideration, except

a.actual rent received

b.fair rent of the property

c.deposit recived from tenants

d.standrard rent.

 

2.which of the following is not an asset under section 2(ea)of the wealth tax act,1957 

a.motor car

b.boats & aircraft

c.guest house

d.cash at bank

 

Short notes on:

1.Income of Political parties under section 13 A.

 

2.What are the essentials conditions for claiming exemptions under section 11 in the case of a charitable trust?