What would be the Assessment Year for Previous Year 2017-18 ?
Correct
Incorrect
Question 2 of 30
2. Question
1 points
Category: Taxation
What would be the Previous Year for Assessment Year 2017-18 ?
Correct
Incorrect
Question 3 of 30
3. Question
1 points
Category: Taxation
Domestic company means a company which is ____________
Correct
Incorrect
Question 4 of 30
4. Question
1 points
Category: Taxation
Alpha Inc., a company incorporated in USA, has made prescribed arrangement for declaration and payment of dividends within India. Alpha Inc. would be a ______________
Correct
Incorrect
Question 5 of 30
5. Question
1 points
Category: Taxation
XYZ India Private Limited is a company incorporated in India, but its place of effective management is in UAE, XYZ India would be a __________________
Correct
Incorrect
Question 6 of 30
6. Question
1 points
Category: Taxation
Non-resident means ___________
Correct
Incorrect
Question 7 of 30
7. Question
1 points
Category: Taxation
Alpha Inc., a company incorporated in USA, has an Indian subsidiary, Beta India Private Limited. Alpha Inc., exchanged the shares of Beta India with shares of Gama Singapore. Such a transaction _______________
Correct
Incorrect
Question 8 of 30
8. Question
1 points
Category: Taxation
Income-tax is chargeable on income earned during the previous year. Which of the following can be exceptions to this Rule ?
Correct
Incorrect
Question 9 of 30
9. Question
1 points
Category: Taxation
Income tax, on income chargeable to tax u/s 4(1) of the IT Act, is payable by way of ____________
Correct
Incorrect
Question 10 of 30
10. Question
1 points
Category: Taxation
The rates of surcharge payable by a Foreign company as per Income-tax Act, 1961 is ____________
Correct
Incorrect
Question 11 of 30
11. Question
1 points
Category: Taxation
Resident taxpayers are liable to pay tax on their ______
Correct
Incorrect
Question 12 of 30
12. Question
1 points
Category: Taxation
Non-resident taxpayers are liable to pay tax on their ________
Correct
Incorrect
Question 13 of 30
13. Question
1 points
Category: Taxation
An individual is said to be resident in India in any previous year, if he satisfies any ________ of the basic conditions of residential status.
Correct
Incorrect
Question 14 of 30
14. Question
1 points
Category: Taxation
Which one of the following is a basic condition to determine residential status of an individual ?
Correct
Incorrect
Question 15 of 30
15. Question
1 points
Category: Taxation
Abraham, an Indian citizen, left India during previous year 2018-19, for the purpose of employment outside India on August 31, 2018. He was in India during the 4 years immediately preceding the previous year for total period of more than 365 days. He would be a __________
Correct
Incorrect
Question 16 of 30
16. Question
1 points
Category: Taxation
Relan, an India citizen left India during previous year 2018-19, as a member of the crew of an Indian ship for the purpose of employment outside India, on September 15, 2018. He was in India during the 4 years immediately preceding the previous year the total period of more than 365 days. He would be a ______________
Correct
Incorrect
Question 17 of 30
17. Question
1 points
Category: Taxation
Samir, an Indian citizen was living outside India since 2012 and comes on a visit to India in previous year 2018-19 for 180 days. In such a case, he would be _____________
Correct
Incorrect
Question 18 of 30
18. Question
1 points
Category: Taxation
A person is said to be of Indian origin, if ____________
Correct
Incorrect
Question 19 of 30
19. Question
1 points
Category: Taxation
A person, who is resident, is said to be resident and ordinarily resident, if he satisfies _______ of the additional conditions specified u/s 6(6)
Correct
Incorrect
Question 20 of 30
20. Question
1 points
Category: Taxation
Which one of the following is the additional conditions specified u/s 6(6) for resident, to be a resident and ordinarily resident ?
Correct
Incorrect
Question 21 of 30
21. Question
1 points
Category: Taxation
Which one of the following is the additional conditions specified u/s 6(6) for a resident, to be resident and ordinarily resident ?
Correct
Incorrect
Question 22 of 30
22. Question
1 points
Category: Taxation
An individual is said to be a resident but not ordinarily resident, if he _______ any of the additional conditions.
Correct
Incorrect
Question 23 of 30
23. Question
1 points
Category: Taxation
Which of the following can be classified into RNOR/ROR ?
Correct
Incorrect
Question 24 of 30
24. Question
1 points
Category: Taxation
Residential status is to be determined on _____________
Correct
Incorrect
Question 25 of 30
25. Question
1 points
Category: Taxation
“Stay in India” to determine residential status includes __________
Correct
Incorrect
Question 26 of 30
26. Question
1 points
Category: Taxation
Which of the following are not relevant in determining the residential status of an individual for Income-tax purpose ?
Correct
Incorrect
Question 27 of 30
27. Question
1 points
Category: Taxation
Rahul is an Indian citizen working at a MNC in Mumbai. He was given an opportunity to work on an assignment in UK for such MNC. He had never visited any foreign country earlier and left India on June 30, 2018. His residential status for FY 2018-19 would be ?
Correct
Incorrect
Question 28 of 30
28. Question
1 points
Category: Taxation
Jerry is a foreign outside India, whose parents were born in undivided India. He comes on visit to India on January 1, 2019. He left India on April 1, 2019. His residential status for FY 2018-19 would be ?
Correct
Incorrect
Question 29 of 30
29. Question
1 points
Category: Taxation
Who amongst the following persons, who would be resident in India, if the control and management of their affairs is situated wholly or partly in India ?
Correct
Incorrect
Question 30 of 30
30. Question
1 points
Category: Taxation
Who amongst the following persons, who would be a non-resident in India if the control and management of their affairs is situated wholly outside India ?
Correct
Incorrect
Ekvij provides online exams For CA,CMA and CS examinations