CA Inter Income Tax Important Questions with Solutions
Priyanka Yadav20 Apr, 2026
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A Inter Income Tax paper demands strong conceptual clarity and consistent problem-solving practice. Many students struggle to identify which areas are most frequently tested and how to approach numerical and theory-based questions effectively.
CA Inter Income Tax Important Questions with Solutions focuses on high-weightage topics and typical exam patterns, helping you practise smarter and improve confidence for the examination conducted by the Institute of Chartered Accountants of India.
CA Inter Income Tax Important Questions with Solutions
CA Inter Income Tax Important Questions with Solutions help students focus on key exam topics like salary, house property, capital gains, and deductions. Practicing these questions improves accuracy and confidence. Check below for carefully selected important questions with clear solutions to boost your preparation effectively.
Residential Status
Q. Mr. A stayed in India for 200 days in PY 2025-26. Determine his residential status.
Ans. Stayed >182 days → Resident in India (Sec 6).
Salary Computation
Q. Basic Salary ₹5,00,000, HRA ₹2,00,000, Rent Paid ₹1,50,000, Salary for HRA ₹4,00,000.
Calculate HRA exemption.
Ans. Least of:
-
Actual HRA = 2,00,000
-
Rent – 10% salary = 1,50,000 – 40,000 = 1,10,000
-
50% salary (metro assumed) = 2,00,000
Exemption = ₹1,10,000
Standard Deduction
Q. Salary income ₹8,00,000. Deduction?
Ans. Standard deduction = ₹50,000
Income from House Property
Q. Annual value ₹3,00,000, Municipal tax ₹20,000, Interest ₹1,50,000.
Compute income.
Ans.
NAV = 3,00,000 – 20,000 = 2,80,000
Less: 30% = 84,000
Income = 2,80,000 – 84,000 – 1,50,000 = ₹46,000
Self-Occupied Property Loss
Q. Interest ₹2,50,000. What is allowable deduction?
Ans. Max deduction = ₹2,00,000
Capital Gains
Q. Asset sold for ₹10,00,000, cost ₹4,00,000. LTCG?
Ans. LTCG = 10,00,000 – 4,00,000 = ₹6,00,000
Section 54
Q. LTCG ₹8,00,000 invested in new house ₹6,00,000. Exemption?
Ans. Exemption = ₹6,00,000
Section 80C
Q. Investments ₹1,80,000. Deduction allowed?
Ans. Max allowed = ₹1,50,000
Section 80D
Q. Medical insurance ₹30,000 (self + family). Deduction?
Ans. Allowed = ₹25,000
Clubbing of Income
Q. Wife earns ₹50,000 from investment gifted by husband.
Ans. Income clubbed in husband’s income
Set-Off of Loss
Q. House property loss ₹2,50,000. How much can be set off?
Ans. Max set-off = ₹2,00,000
Carry Forward Loss
Q. Business loss ₹3,00,000. Carry forward period?
Ans. 8 years
Agricultural Income
Q. Agri income ₹2,00,000 + Salary ₹6,00,000.
Ans. Agri income used for rate purpose only
TDS Concept
Q. Salary ₹6,00,000. Employer responsibility?
Ans. Deduct TDS under Section 192
New Tax Regime
Q. Is 80C allowed in new regime?
Ans. No deduction allowed (except few like NPS employer contribution)
CA Inter Income Tax Important Questions with Solutions FAQs
Why are past papers important for CA Inter Income Tax?
What is the significance of residential status in Income Tax?
How do deductions benefit taxpayers in CA Inter Income Tax?
What are clubbing provisions in Income Tax?
