Match the following under the Income-tax Act, 2025: List – I List – II a) ICDS IX i) Quoting of Aadhaar…
The matching is a-iii, b-i, c-ii, d-iv. ICDS IX concerns borrowing costs; Section 262(5) concerns quoting Aadhaar, the normal-regime minor-child exemption is capped at…
Choose your answer
Match the following under the Income-tax Act, 2025:
| List – I | List – II |
| a) ICDS IX | i) Quoting of Aadhaar Number |
| b) Section 262(5) | ii) ₹ 1500 |
| c) Clubbing of minor income | iii) Borrowing cost |
| d) Section 67(6) | iv) Conversion of capital asset into stock in trade |
Answer and explanation
Correct answer C
The matching is a-iii, b-i, c-ii, d-iv. ICDS IX concerns borrowing costs; Section 262(5) concerns quoting Aadhaar, the normal-regime minor-child exemption is capped at ₹1,500, and Section 67(6) concerns conversion into stock-in-trade.
Practice for these exams
-
Karnataka SET (KSET)