Which of the following is a tax exempt income? Question 9Answer a. Dividends b. Rent c. Interest d. Gratuities
Question
Solution 1
The answer is d. Gratuities.
Gratuities, also known as tips, are generally tax exempt income. This means that they are not subject to income tax. However, it's important to note that this can vary depending on the country's tax laws. In some cases, if the amount of gratuities received exceeds a ce Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Which of the following is a tax exempt income? Question 9Answer a. Dividends b. Rent c. Interest d. Gratuities
Which of the following would be exempt from South African Dividends Withholding Tax (DWT)?
Which of the following income-tax return activities poses the least personal security risk?
Which of the following activities will create income tax nexus through physical presence
Dividend income received from mutual in the hands of unit holders. A. Fully Taxable B. Fully Exempt C. Partly Taxable D. Partly Exempt