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Accounts Dec 2021 Paper Solution @Mission_CA_Inter.pdf
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✅ CA Inter (New) || Accounts || Suggested Answer || Dec2021
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Test 01 - Inter Adv Account - Solution.pdf
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✅ CA Inter (New) || Advance Account || Test || Solution || For May/Nov 2022 ||
📝 Advance Accounts Test - 1
📌 Suggested Answer
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‘𝗩𝗜𝗧𝗔𝗠𝗜𝗡 𝗗𝗧 - 𝗔 𝗗𝗶𝗿𝗲𝗰𝘁 𝗧𝗮𝘅 𝗜𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗕𝗼𝗼𝘀𝘁𝗲𝗿’ (𝗖𝗼𝗹𝗼𝘂𝗿𝗲𝗱 𝗕𝗼𝗼𝗸) 𝗳𝗼𝗿 𝗖𝗔 𝗜𝗻𝘁𝗲𝗿𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗠𝗮𝘆/𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟮 𝗘𝘅𝗮𝗺𝘀
𝗕𝘆 𝗣𝗿𝗼𝗳. 𝗔𝗺𝗶𝘁 𝗥𝗮𝗷𝗽𝘂𝗿𝗼𝗵𝗶𝘁
@𝗽𝗿𝗼𝗳_𝗮𝗿𝗽_𝗱𝘁 @𝗱𝘁_𝗸𝗮_𝗴𝗵𝗼𝘀𝘁
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🔥 𝗔𝘀 𝗽𝗲𝗿 𝗟𝗮𝘁𝗲𝘀𝘁 𝗜𝗖𝗔𝗜 𝗦𝘁𝘂𝗱𝘆 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹
🎯 𝗗𝗶𝗮𝗴𝗿𝗮𝗺𝗺𝗮𝘁𝗶𝗰 𝗮𝗻𝗱 𝗰𝗼𝗹𝗼𝘂𝗿𝗳𝘂𝗹 𝗣𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻
🎯 𝗨𝘀𝗲 𝗼𝗳 𝗠𝗲𝗺𝗼𝗿𝘆 𝗖𝗼𝗱𝗲𝘀
🎯 𝗣𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗙𝗹𝗼𝘄 𝗖𝗵𝗮𝗿𝘁𝘀
𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗧𝗵𝗿𝗼𝘂𝗴𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝗖𝗼𝘂𝗻𝘁𝘆 𝗼𝗻𝗹𝗶𝗻𝗲 𝗮𝘀 𝘄𝗲𝗹𝗹 𝗮𝘀 𝗶𝗻 𝗕𝗼𝗼𝗸 𝗦𝘁𝗼𝗿𝗲𝘀 🤩
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𝗕𝘆 𝗣𝗿𝗼𝗳. 𝗔𝗺𝗶𝘁 𝗥𝗮𝗷𝗽𝘂𝗿𝗼𝗵𝗶𝘁
@𝗽𝗿𝗼𝗳_𝗮𝗿𝗽_𝗱𝘁 @𝗱𝘁_𝗸𝗮_𝗴𝗵𝗼𝘀𝘁
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🎯 𝗨𝘀𝗲 𝗼𝗳 𝗠𝗲𝗺𝗼𝗿𝘆 𝗖𝗼𝗱𝗲𝘀
🎯 𝗣𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗙𝗹𝗼𝘄 𝗖𝗵𝗮𝗿𝘁𝘀
𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗧𝗵𝗿𝗼𝘂𝗴𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝗖𝗼𝘂𝗻𝘁𝘆 𝗼𝗻𝗹𝗶𝗻𝗲 𝗮𝘀 𝘄𝗲𝗹𝗹 𝗮𝘀 𝗶𝗻 𝗕𝗼𝗼𝗸 𝗦𝘁𝗼𝗿𝗲𝘀 🤩
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*Income Tax : Exemption* Which of the following income would be exempt in the hands of a Sikkimese Individual?
Anonymous Quiz
26%
(a) only income from any source in the State of Sikkim
8%
(b) only income by way of dividend
9%
(c) only income from interest on securities
56%
(d) All the above
Forwarded from Mission CA Inter 🏆
*Income Tax: Exemption* - Income derived from farm building situated in the immediate vicinity of an agricultural land (not assessed to land revenue) would be treated as agricultural income if such land is situated in –
Anonymous Quiz
25%
area at a distance of 3 kms from a municipality & has a population of 80,000 as per last census
28%
area within 1.5 kms from local municipality & has a population of 12,000 as per last census
22%
area within 2 kms from local municipality & has a population of 11,00,000 as per last census
25%
area within 8 kms from local limits of municipality & has a population of 1050000 as per last census
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X is provided with furniture to the value of 70,000 along with house from Feb. 20. The actual hire charges paid by his employer for hire of furniture is 5,000 pa. The value of furniture to be included along with value of unfurnished house for AY 21-22 is-
Anonymous Quiz
53%
(a) Rs. 5,000
24%
(b) Rs. 7,000
16%
(c) Rs. 10,500
7%
(d) Rs. 14,000
Forwarded from Mission CA Inter 🏆
Employer provided a car more than 1.6 litre cubic capacity and also provided the driver with all expenditure what will be the value of perquisites in hands of employee if the car is utilised only for the purpose of office
Anonymous Quiz
37%
2400 Plus 900 per month
20%
1800 + 900 per month
23%
Actual expenditure incurred by employer + 10% of cost of car
20%
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Forwarded from Mission CA Inter 🏆
Which of the following income will be chargeable under the head salary?
Anonymous Quiz
34%
Salary received by a partner from his firm
12%
Salary received bi a member of parliament from government
8%
Salary received by MLA from government
46%
Salary received by IAS officer by government
Forwarded from Mission CA Inter 🏆
"TAXATION - SALARIES" R w as employed on 1.7.2014 in the grade of Rs.15,000-400-17,000-500-22,000. His gross salary for the assessment year 2021-22 shall be:
Anonymous Quiz
14%
(a) Rs.1,99,200
28%
(b) Rs.2,04,000
43%
(c) Rs.2,08,500
15%
(d) Rs.2,10,000
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Forwarded from Mission CA Inter 🏆
"TAXATION - SALARIES" R, who is entitled to Salary of Rs.20,000 p.m. took advance salary from his employer for the months of April and May 2021 along with Salary of March 2021 on 31.3.2021. The gross salary of R for assessment year 2021-22 shall be:
Anonymous Quiz
31%
(a) Rs.2,40,000
44%
(b) Rs.2,80,000
17%
(c) Rs.2,60,000
8%
(d) none of the above
Forwarded from Mission CA Inter 🏆
"TAXATION - SALARIES" Salary of R becomes due on 1st of next month and it is paid on 7th of that month. For assessment year 2021-22, the salary of R shall be taken from:
Anonymous Quiz
51%
(a) April 2020 to March 2021
28%
(b) March 2020 to February 2021
18%
(c) Any of the above at the option of the employer
4%
(d) None of these
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"TAXATION - SALARIES:" The maximum exemption in case of leave encashment shall be:
Anonymous Quiz
15%
(a) Rs.2,40,000
14%
(b) Rs.3,50,000
57%
(c) Rs.3,00,000
14%
(d) Rs.10,00,000
Forwarded from Mission CA Inter 🏆
"TAXATION- SALARIES": Compensation received on voluntary retirement is exempt under 10(10C) to the maximum extent of:
Anonymous Quiz
15%
(a) Rs.2,40,000
18%
(b) Rs.3,50,000
57%
(c) Rs.5,00,000
10%
(d) Rs.10,00,000