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Certificate Course_2024

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

Income tax is a

a)

Direct Tax

b)

Indirect Tax

c)

Total Tax

d)

Value Added Tax

2.

Income Tax Act come into force on

a)

01/04/1961

b)

01/04/1962

c)

01/04/1956

d)

01/04/1965

3.

Income by way of rent of agricultural land is

a)

Business Income

b)

Agricultural Income

c)

Income from other sources

d)

Casual Income

4.

How many heads of income are there to compute gross total income?

a)

6

b)

5

c)

4

d)

3

5.

What is the income tax cess rate for health and education?

a)

6%

b)

2%

c)

4%

d)

3%

6.

Who has the statutory power to issued notification under Income Tax Act, 1961?

a)

Central Board of Direct and Indirect Taxes

b)

State Board of Direct and Indirect Taxes

c)

State Board of Direct Taxation

d)

Central Board of Direct Taxes

7.

Due date of filing of return by company assessee is

a)

30th June

b)

31st August

c)

31st July

d)

30th September

8.

GST was implemented in India from

a)

01/01/2017

b)

01/04/2017

c)

01/03/2017

d)

01/07/2017

9.

GST rates applicable on goods and services are

a)

0%, 5%, 12%, 18%, 26%

b)

0%, 6%, 12%, 18%, 28%

c)

0%, 5%, 12%, 18%, 28%

d)

0%, 5%, 12%, 16%, 28%

10.

Taxes that are levied on any intra-state purchase are

a)

IGST

b)

CGST and SGST

c)

SGST

d)

CGST

11.

What does 'I' in IGST stands for?

a)

Internal

b)

International

c)

Integrated

d)

Intra

12.

Goods and Service Tax replaced which tax?

a)

VAT

b)

Excise Duty

c)

Central Sales Tax

d)

All of the above