GATE Exam > GATE Questions > For submitting tax returns, all resident male...
Start Learning for Free
For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T is
- a)a resident male with annual income Rs 9 lakh
- b)a resident female with annual income Rs 9 lakh
- c)a non-resident male with annual income Rs 16 lakh
- d)a non-resident female with annual income Rs 16 lakh
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
For submitting tax returns, all resident males with annual income belo...
Explanation:
The given problem deals with the submission of tax returns based on the annual income and gender of the taxpayer. The following are the details of the forms to be filled based on the given criteria:
- Resident males with annual income below Rs 10 lakh should fill up Form P
- Resident females with income below Rs 8 lakh should fill up Form Q
- All people with incomes above Rs 10 lakh should fill up Form R
- Non-residents with income above Rs 15 lakhs should fill up Form S
- All others should fill Form T
Now, let's consider each option and determine which form they should fill:
a) A resident male with annual income Rs 9 lakh - Since the annual income is below Rs 10 lakh and the taxpayer is a resident male, he should fill up Form P. Therefore, option A is incorrect.
b) A resident female with annual income Rs 9 lakh - Since the annual income is below Rs 8 lakh and the taxpayer is a resident female, she should fill up Form Q. Therefore, option B is correct.
c) A non-resident male with annual income Rs 16 lakh - Since the annual income is above Rs 15 lakh and the taxpayer is a non-resident male, he should fill up Form S. Therefore, option C is incorrect.
d) A non-resident female with annual income Rs 16 lakh - Since the annual income is above Rs 15 lakh and the taxpayer is a non-resident female, she should fill up Form S. Therefore, option D is incorrect.
Therefore, the correct answer is option B - a resident female with annual income Rs 9 lakh should fill up Form Q.
The given problem deals with the submission of tax returns based on the annual income and gender of the taxpayer. The following are the details of the forms to be filled based on the given criteria:
- Resident males with annual income below Rs 10 lakh should fill up Form P
- Resident females with income below Rs 8 lakh should fill up Form Q
- All people with incomes above Rs 10 lakh should fill up Form R
- Non-residents with income above Rs 15 lakhs should fill up Form S
- All others should fill Form T
Now, let's consider each option and determine which form they should fill:
a) A resident male with annual income Rs 9 lakh - Since the annual income is below Rs 10 lakh and the taxpayer is a resident male, he should fill up Form P. Therefore, option A is incorrect.
b) A resident female with annual income Rs 9 lakh - Since the annual income is below Rs 8 lakh and the taxpayer is a resident female, she should fill up Form Q. Therefore, option B is correct.
c) A non-resident male with annual income Rs 16 lakh - Since the annual income is above Rs 15 lakh and the taxpayer is a non-resident male, he should fill up Form S. Therefore, option C is incorrect.
d) A non-resident female with annual income Rs 16 lakh - Since the annual income is above Rs 15 lakh and the taxpayer is a non-resident female, she should fill up Form S. Therefore, option D is incorrect.
Therefore, the correct answer is option B - a resident female with annual income Rs 9 lakh should fill up Form Q.
Free Test
FREE
| Start Free Test |
Community Answer
For submitting tax returns, all resident males with annual income belo...
Annual income (Male Residents)<10 L - Form P
Annual income (Female Residents) < 8L - Form Q
People ( Except NRI's) > 10 L - Form R
NRI's with income > 15 L - Form S
Others - T
(A) A resident male with annual income Rs 9 lakh
Defined under first category i.e. Form P.
(C) A non-resident male with annual income Rs 16 lakh
(D) A non-resident female with annual income Rs 16 lakh
Both C and D fall under the category of Form S.
(B) Resident female in between 8 to 10 lakhs haven’t been mentioned.So a resident female with annual income Rs 9 lakh should fill Form T.
Annual income (Female Residents) < 8L - Form Q
People ( Except NRI's) > 10 L - Form R
NRI's with income > 15 L - Form S
Others - T
(A) A resident male with annual income Rs 9 lakh
Defined under first category i.e. Form P.
(C) A non-resident male with annual income Rs 16 lakh
(D) A non-resident female with annual income Rs 16 lakh
Both C and D fall under the category of Form S.
(B) Resident female in between 8 to 10 lakhs haven’t been mentioned.So a resident female with annual income Rs 9 lakh should fill Form T.
|
Explore Courses for GATE exam
|
|
Similar GATE Doubts
For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer?
Question Description
For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer?.
For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer?.
Solutions for For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GATE.
Download more important topics, notes, lectures and mock test series for GATE Exam by signing up for free.
Here you can find the meaning of For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice For submitting tax returns, all resident males with annual income below Rs 10 lakh should fill up Form P and all resident females with income below Rs 8 lakh should fill up Form Q. All people with incomes above Rs 10 lakh should fill up Form R, except non residents with income above Rs 15 lakhs, who should fill up Form S. All others should fill Form T. An example of a person who should fill Form T isa)a resident male with annual income Rs 9 lakhb)a resident female with annual income Rs 9 lakhc)a non-resident male with annual income Rs 16 lakhd)a non-resident female with annual income Rs 16 lakhCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice GATE tests.
|
|
Explore Courses for GATE exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup