2 Marks Questions:

1. What is Income tax?

2. Write any four feature of Income tax.
3. What are the types of Income tax?
4. What is meaning of Direct tax?
5. What is meaning of Indirect tax?
6. Write any four objective of Income tax?
7. Define the Income tax according to Income tax act
8. Explain the CBDT
9. Who is the Assessing officer?
10. Define the Direct tax
11. Write 4 advantages of Direct tax?
12. Write any four Disadvantages of Direct tax
13. Define the Indirect tax
14. Write any four advantages and Disadvantages of Indirect tax.
15. Write any four Difference between Direct tax and Indirect tax
16. Write any two example of Casual Income.
17. Write any four example of Exempted Income.
18. Who is Assessee?
19. What are the types of Assessee?
20. Who is Deemed Assessee?
21. Who is Assessee in Default?
22. What is Gross total Income?
23. What is Total Income
24. What is Assessment Year?
25. Who is the Person?
26. What are the Heads of Income?
27. Expand BOI and AOP
28. What is Agriculture Income?
29. Give two Examples of Income earned during the Previous year is charged?
30. What is previous year?
31. What is meaning of Assessment?
32. Which is the resident Company?
33. When Undivided Company Become Nonresident in India?
34. When Hindu Undivided Company become resident in India?
35. What do you mean by Deemed Income?
36. State the Classification of Income u/s 5 of the act
37. Who is the Nonresident Individual?
38. What do you mean by “Not Ordinary Resident” individual in India?
39. What are the additional conditions to be satisfied for becoming a resident individual?
40. Who is resident?
41. What do you Mean by Tax free Income?
42. How do you treat a share of Income received from a Hindu Undivided family of which he
is a member?
43. How residential status is determined?
44. Mention the types residential status of an assesse
45. Who is non resident Individual?
46. State the Additional Conditions to be satisfied for becoming residential Individual
47. What are the Additional and Basic Conditions for nonresident in India?
48. What is the Incidence of tax?
49. List the four provisions regarding incidence of tax.
50. CBDT functions explain
51. Why Income tax is Direct Tax?
52. Who is liable to pay tax?
53. Name the Different Heads of Income
54. Income tax is charged on the income of the previous Year. Do you fully agree this
statement?
55. How do you treat the agriculture income In India?
56. Give any four Example of Non agriculture Income
57. Which is Supreme authority in framing the Income Tax Rules?
58. How do you treat agriculture income from foreign Countries.
59. Add any question