34. Calculate the amount of pension is exempt under the income tax act from the following information;-
A. Pension receive 240000(60percent)
B. Person is eligible for gratuity rec...
A. Pension receive 240000(60percent)
B. Person is eligible for gratuity rec...
Anonymous Quiz
34%
240000
22%
400000
30%
133333
14%
None of the above
π15π4π1
36. Calculate the income from house property from the following details
A Std rent 15000 P. M
B. Municipal value 18000 P. M C. Actual rent 22000 P. m Calculate NAV for the year 2019-20
A Std rent 15000 P. M
B. Municipal value 18000 P. M C. Actual rent 22000 P. m Calculate NAV for the year 2019-20
Anonymous Quiz
42%
264000
42%
180000
16%
216000
39. What is the Maxmium amount of interest allowed under section 24(b) in case of loan taken before 01.04.1999 for SOP
Anonymous Quiz
37%
200000
41%
30000
13%
45000
9%
75000
π5
40. What is the maximum amount of interest allowed under section 24(b) in case of SOP in case of loan taken after 01.04.1999 and all conditions of max ded allowed.
Anonymous Quiz
17%
100000
52%
200000
19%
300000
11%
30000
π15
41. Caluculate the depreciation allowed for the year 2019-20 from the following details :- WDV as on 01.04.2019 is 5,00,000 and a new asset purchased for a sum of Rs. 2,00,000 on 23.09.2019 and asset sold during the year is Rs. 3,00,000. dep 15%
Anonymous Quiz
15%
30000
32%
75000
35%
60000
19%
45000
π4π2
42. Determine the place of Supply :-Howrah β New Delhi Rajdhani Express supplies food which was taken on board at Mugalsarai in Uttar Pradesh
Anonymous Quiz
23%
New Delhi
11%
Kolkata
59%
Uttar Pradesh
7%
None of the Above
π2
43. What is the POS if the Surya Narayan from Jamshedpur ordered a machine to be installed in his factory( Jamshedpur). the parts from various states across the country after which the machine was successfully
installed at his factory Jamshedpur
installed at his factory Jamshedpur
Anonymous Quiz
69%
Jamshedpur
25%
Incomplete Information
5%
None of the Above
46. Mr. Anjan Joins a service in the grade of Rs. 15,600-39100 plus grade pay of 6000 on 01.08.2019. He also gets dearness allowance of 107% of the salary. His tax liab
Anonymous Quiz
34%
400
47%
Nil
19%
None of the above
π1
47. Determine the interest on capital allowed for the financial year 2019-20
Anonymous Quiz
57%
Upto 12 percent
13%
Upto 13 percent
14%
Upto 14 percent
16%
Upto 15 percent
π1
48. What is the limit of the employer contribution exempt in the hands of the employee
Anonymous Quiz
65%
Upto 12 percent of salary
13%
Upto 13 percent of salary
9%
Upto 14 percent of salary
13%
Upto 15 percent of salary
π5
49. What is the chargeable amount of interest on rpf taxable in the hands of the employee
Anonymous Quiz
55%
Excess of 9.5 percent
30%
Fully taxable
15%
Excess of 15 percent
π4
50. What is the salary meaning for calculating the hra exemption limit
Anonymous Quiz
18%
Basic salary
15%
DA( if under terms of retirement benefit)
8%
Comm is on Fixed percentage of turnover
59%
All of the above
π1
52. What is the place of supply if shyam (delhi) q registered person going for his business work to mumbai and reside at a hotel... What is the place of supply
Anonymous Quiz
41%
Delhi
51%
Mumbai
8%
Can't say
53. What is the place of supply if the shyam (delhi) delivered the goods to shamu (mumbai) on the direction of the keshav (haryana)
Anonymous Quiz
18%
Delhi
52%
Mumbai
30%
Haryana
54. What is the amount of interest allowed for the financial year 2019-20 if the following information are as follows:-
Ramu take loan for repair of his house of rs 500000@10 percent during the year 2019-20 for his Sop house.
Ramu take loan for repair of his house of rs 500000@10 percent during the year 2019-20 for his Sop house.
Anonymous Quiz
42%
50000
30%
30000
28%
Incomplete information
55.What is the time of supply if the details are as follows:-
Goods removed from the factory 12.05.2018 Goods received by the supplier 13.05.2018 Payment rec 10.05.2018 And invoice raised 09.05.2018 What is the time of supply???
Goods removed from the factory 12.05.2018 Goods received by the supplier 13.05.2018 Payment rec 10.05.2018 And invoice raised 09.05.2018 What is the time of supply???
Anonymous Quiz
23%
12.05.2018
26%
13.05.2018
16%
10.05.2018
35%
09.05.2018
56.When an unregistered dealer supplied goods
to a registered dealer, the time of supply
under reverse charge shall be earliest of the :
to a registered dealer, the time of supply
under reverse charge shall be earliest of the :
Anonymous Quiz
49%
Date of Receipt of Goods
28%
date of Supply of Goods
12%
Date of loading og goods in Transport
11%
Date of Intimation of supply of Goods
π2
57. When goods are packed and transported
with insurance, the supply of goods, packing
materials, transport and insurance as per provisions of CGST Act, 2017, is called as :
with insurance, the supply of goods, packing
materials, transport and insurance as per provisions of CGST Act, 2017, is called as :
Anonymous Quiz
35%
Mixed Supply
22%
Uniform Supply
10%
Complex Supply
32%
Composite Supply
π5
New CA Course Draft.pdf
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New CA Course Draft :
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Disclaimer - Not yet officially announced. Just received it from students & shared.
βββββ ββββ£οΈββββ ββ ββ
βββββββββ ββββββββ
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βoin us π
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π΄ ICAI New Course - Very Important Update by Vice President
Don't miss itπ
https://youtu.be/UZJ-F0ge5z0
Don't miss itπ
https://youtu.be/UZJ-F0ge5z0
π7