CBDT to issue circulars from time to time, to _____________
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Question 3 of 30
3. Question
1 points
Category: Taxation
As per section 2(3I), person includes ____________
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Incorrect
Question 4 of 30
4. Question
1 points
Category: Taxation
As a general rule, income of minor is taxable in the hands of ________
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Incorrect
Question 5 of 30
5. Question
1 points
Category: Taxation
HUF inclues
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Question 6 of 30
6. Question
1 points
Category: Taxation
In the case of an AOP, two or more person join together for ______
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Incorrect
Question 7 of 30
7. Question
1 points
Category: Taxation
As per section 2(3I), person includes ___________
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Incorrect
Question 8 of 30
8. Question
1 points
Category: Taxation
The provision relating to computation of income are same in the case of which of the following two entities ?
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Question 9 of 30
9. Question
1 points
Category: Taxation
AOP may consist of _________ but BOI has to consist of __________
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Incorrect
Question 10 of 30
10. Question
1 points
Category: Taxation
Which of the following are considered as a “Local Authority”?
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Incorrect
Question 11 of 30
11. Question
1 points
Category: Taxation
Assessment Year is a period of ______________
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Incorrect
Question 12 of 30
12. Question
1 points
Category: Taxation
Assessment year generally starts on _______
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Incorrect
Question 13 of 30
13. Question
1 points
Category: Taxation
Generally, Previous Year is a period of __________
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Incorrect
Question 14 of 30
14. Question
1 points
Category: Taxation
The first previous year of a newly started business ___________
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Incorrect
Question 15 of 30
15. Question
1 points
Category: Taxation
Jagadeesh started a business on 29-9-2018. The first previous year of his business will be _______
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Incorrect
Question 16 of 30
16. Question
1 points
Category: Taxation
Aryan and Ansh are legal heirs of Shekhar. Shekhar died in 2018 and Aryan and Ansh carried on his business without entering into partnership. What is the status Aryan and Ansh ?
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Incorrect
Question 17 of 30
17. Question
1 points
Category: Taxation
Section 172 deals with the taxation of ________ of non-residents.
Correct
Incorrect
Question 18 of 30
18. Question
1 points
Category: Taxation
Section 172 deals with the taxation of shipping business of non-residents, casts an obligation on ________ to file return of full amount earned from India.
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Incorrect
Question 19 of 30
19. Question
1 points
Category: Taxation
As per section 172, ______ of the amount of fare shall be deemed to be income of non-resident carrying on shipping business on which income-tax will be charged.
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Incorrect
Question 20 of 30
20. Question
1 points
Category: Taxation
Delhi University is considered as __________
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Incorrect
Question 21 of 30
21. Question
1 points
Category: Taxation
In which of the following case/s, income of the previous year is assessed in the same year ?
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Incorrect
Question 22 of 30
22. Question
1 points
Category: Taxation
Sunil, intends to permanently settle in USA, and intends to depart on December 13th, 2018. The AO, having jurisdiction on Sunil, came to know about this fact and proceeded to tax Sunil on the current financial year income. The action of the Assessing Officer is __________
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Incorrect
Question 23 of 30
23. Question
1 points
Category: Taxation
A and B formed an Association of Person, which was proposed to be dissolved from 13-12-2018. In such a case the income for FY 2018-19, can be taxed by the Assessing Officer during AY_________
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Incorrect
Question 24 of 30
24. Question
1 points
Category: Taxation
A had not been paying regular taxes on his income for a long time. A search was conducted in his premises and an amount of Rs. 10,00,000 was found payable by him. In order to prevent recovery of such payment, he was planning to sell his house in cash, on 11-10-2018. In such a case the AO can do the assessment for A, for FY 2018-19 upto 11.10.2018 in AY____________
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Incorrect
Question 25 of 30
25. Question
1 points
Category: Taxation
A is a software professional aged 30 years. The exemption limit for A for AY 2019-20 is ________
Correct
Incorrect
Question 26 of 30
26. Question
1 points
Category: Taxation
B is a medical professional aged 65 years. The exemption limit for B for AY 2019-20 is ____________
Correct
Incorrect
Question 27 of 30
27. Question
1 points
Category: Taxation
C is a retired teacher aged 85 years. The exemption limit for C for AY 2019-20 is _________
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Incorrect
Question 28 of 30
28. Question
1 points
Category: Taxation
Alex is a non-resident individual aged 65 years. The exemption limit for Alex for AY 2019-20 is _____________
Correct
Incorrect
Question 29 of 30
29. Question
1 points
Category: Taxation
Kalpesh has a taxable income of Rs.85,00,000. The surcharge is applicable at the rate of ______ on his income.
Correct
Incorrect
Question 30 of 30
30. Question
1 points
Category: Taxation
Surcharge at the rate of 15% is applicable, if the taxable income of the individual exceeds _______
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Incorrect
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