CSE & CAI TAX CH-1 & CH-2
Authored by scan doc
Other
Professional Development
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
60 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rate of tax leviable on dividend from specified companies received by an Indian company for the AY 2021-22 under section 115BBD of the Income-tax is :
15 % on dividend in excess of Rs. 10,00,000
15%
10% on dividend in excess of Rs. 10,00,000
10%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rate of tax leviable on Long term Capital Gains under section 112:
10%
15%
20%
30%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rate of tax leviable on aggregate divided from domestic companies in the hands of individual for the AY 2021- 22 under section 115 BBDA of the income-tax, Act is :
10% on gains in excess of Rs. 10,00,000
10 % on gains in excess of Rs. 10,000
15% on gains in excess of Rs. 1,00,000
10% on gains in excess of Rs. 1,00,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A domestic company whose turnover for the previous year 2018-2019 Rs. 420 Crore; for previous year 2019-2020 Rs. 80 Crore and for previous year 2020-2021 Rs. 120 Crore. Its total income (computed for the assessment year 2022-2023 is Rs. 30 Crores. The rate of income tax applicable for such company (with cess) would be :
30%
20%
29%
25%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Ganpathy a resident individual received 12 lakhs during the financial year 2020-2021 by way of dividend from domestic company. The company have paid dividend distribution tax under Section 115-O on the dividend declared. The applicable rate of tax Liability on such dividend income in excess of RS. 10,00,000 would be :
10.4 %
31.2%
Nil
15.45%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true regarding the rates of tax on Income of a Co-operative Society for the AY 2021-22 ?
10 % up-to Rs. 10,000
20% on Income from RS. 10,000 Rs. 20,000
30 % on Income above Rs. 20,000
All of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the case of a Co-operative Society, surcharge is levied for the AY 2021-22 where its total income exceeds Rs. ……….. crores.
1
5
10
None of the above
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
