CA Study Notes (Inter, Final & Foundation)
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48. Registers and Annual Return to be kept in the custody of –
Anonymous Quiz
53%
(a) Company Secretary
34%
(b) Director
8%
(c) CEO
5%
(d) CFO
πŸ‘1
1. Where a company creates a charge on assets, company shall register such charge with the Registrar within ___ of its creation.
Anonymous Quiz
20%
(a) 15 days
64%
(b) 30 days
9%
(c) 45 days
7%
(d) 60 days
2. Where a charge is not registered within 30 days, the company may make application to Registrar for condonation of delay. The Registrar may allow registration within ______ of creation of charge.
Anonymous Quiz
51%
(a) 60 days
31%
(b) 30 days
11%
(c) 120 days
8%
(d) 300 days
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3. For registration of charge Form No. _______ (for other than Debentures) or Form No. ____ (for debentures) shall be filed with the Registrar.
Anonymous Quiz
60%
(a) CHG-1; CHG-9
19%
(b) CHG-2; CHG-10
17%
(c) CHG-1; CHG-2
4%
(d) CHG-1; CHG-10
Calculate the exemption under section 10AA in case of a unit established in SEZ having export turnover of rupees 10 lakh out of total turnover of rupees 30 lakh? If its total profit from the business is rupees 3 lakh.
Anonymous Quiz
41%
Rupees 100000
12%
Rupees 75000
14%
Rupees 300000
34%
Exemption only available in case of 100% export unit.
A&B are co-owners of a self-occupied property They own 50% share each The interest paid by each co-owner during the PY on loan (taken for acquisition of property during the year 2004) is 205000 The amt of allowable deduction in respect of each co-owner is
Anonymous Quiz
19%
(a) Rs. 2,05,000
35%
(b) Rs. 1,02,500
36%
(c) Rs. 2,00,000
10%
(d) Rs. 1,00,000
Vidya received Rs 90,000 in May20 as recovery of unrealised rent, which was deducted from actual rent in the P.Y. 2018-19. Legal expense incurred in relation to unrealized rent is Rs 20,000. The amount taxable under section 25A for A.Y. 2021-22 would be -
Anonymous Quiz
44%
Rs 70,000
29%
Rs 63,000
13%
Rs 43,000
14%
Rs 90,000
-In case of house property which is self occupied for owners residence and annual value can be taken as Nil then the maximum limit of deduction under section 24b in respect of interest on borrowed capital of rupees 2,00,000 applicable if
Anonymous Quiz
16%
Loan has been taken for acquisition or construction of the property.
11%
The house should be completed within 5 years from the end of financial year of loan.
16%
The loan should be taken on or after 1.4.1999
58%
All of the above including certificate should be taken from the person to whom interest is payable.
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INTERMEDIATE QUIZ 9 :

Normally no deposits are repayable earlier than ______ from the date of such deposits or renewal thereof.
Anonymous Quiz
37%
(a) 3 months
45%
(b) 6 months
12%
(c) 12 months
6%
(d) 1 year
INTERMEDIATE QUIZ 11 :

What is the maximum tenure for which a company can accept or renew deposits from its members as well as public?
Anonymous Quiz
20%
(a) 12 months
18%
(b) 24 months
58%
(c) 36 months
4%
(d) 48 months