Direct Taxes - 1

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Across
  1. 2. Remuneration received from employer-employee relationship
  2. 4. Year in which income is earned
  3. 7. A person liable to pay tax
  4. 8. Set of rules advocated by Adam Smith for fair taxation
  5. 9. Lump-sum retirement benefit for services rendered
  6. 10. Tax liability based on residential status
  7. 12. Income not included in total income under Section 10.
  8. 13. Basis for taxing income under a head
  9. 18. Allowance granted when property is empty
  10. 19. Additional tax on income tax
  11. 20. Income earned from farming
  12. 23. Tax earmarked for a specific purpose
Down
  1. 1. Year immediately following the previous year
  2. 3. Amount calculated before deductions for total income
  3. 5. Property used by owner for residence
  4. 6. Paymentreceived irregularly without any source
  5. 11. Taxpayer’s category based on connection to India
  6. 14. An individual earning income of Rs.50,10,000 would be entitled to
  7. 15. Old or New; describes options for paying income tax
  8. 16. Contribution paid after employment period ends
  9. 17. Property given on rent
  10. 21. Rent not received due to tenant default
  11. 22. Taxes levied by local authority