WorksheetsInternational Accounting Day Quiz - 2025
Total questions: 23
Worksheet time: 29mins
ENTER YOUR FULL NAME
ENTER YOUR MOBILE NUMBER
SELECT YOUR CATEGORY
STUDENT
ACCOUNTANT
TAX CONSULTANT
CHARTERED ACCOUNTANT
OTHERS
Under GST, Who can upload a credit or debit note on the GST portal?
Recipient only
Supplier only
Neither Supplier nor Recipient
Both
IMS helps to compare invoices between?
GSTR 9 and GSTR 3B
Supplier invoice and GSTR 2B data
Bank statement and Cashbook
GSTR 9 and GSTR 9c
The validity period of an E-way bill can be extended?
Any time before expiry
Only after expiry
Within 8 hours before or after expiry
Never
IMS data is primarily uploaded by?
The tax payer himself
The GSTN system, based on supplier return data
Bank statement and Cashbook
GSTR 9 and 9C
Which document details are mandatory for E-way bill generation
Invoice, vehicle number and transporter ID
Only invoice number
Only vehicle number
Only GSTIN
Goods are transported via multiple vehicles, How should the E-way bill be handled?
Single E-way bill for the entire consignment
Seperate E -way bill for each vehicle
No E-way bill for each vehicle
Only the first vehicle requires an E-way bill
Input tax credit on RCM can be claimed only after
Payment to supplier is made
Self -invoice is generated
GST liability under RCM is paid in cash
Invoice is uploaded by supplier
Which section of the Income Tax Act governs TDS on salary ?
Section 192
Section 194A
Section 194C
Section 206C
When closing stock is given inside trial balance,it is shown only in ______?
Trading account and Balance sheet
Balance sheet
Profit and loss A/c
Adjusted Trial Balance
As per GST 2.0, Which of the following items falls under 0% Rate?
Luxury cars
Individual life & health insurance
Soft drinks
High-end electronics
"Recording revenue when it is earned,not just when cash is received ". This follows which principle?
Revenue Realisation
Expenses or Cost
Conservatism
Dual aspect
What is the threshold limit for deduction under section 194c(contract Payments)?
20000/contract
30000/contract
50000/contract
75000/Contract
What is the due date for depositing TDS collected during a month?
10 th of succeeding month
15 th of succeeding month
7th of succeeding month
30 th of succeeding month
Which form is used to file the TDS return for non-salary payments?
Form 24Q
Form 26Q
Form 27Q
Form 16A
What is the rebate under Section 87A for FY 2025-2026 under new tax regime?
Rs 5000
Rs 60000
Rs 75000
Rs 100000
Can an assessee freely switch between the old and new tax regimes under Income Tax?
Cannot change
Yes, there are restrictions
Only once in lifetime
Only after Audit
Which section of GSTR 1 contains details of B2B invoices?
Table 4
Table 5
Table 6
Table 3A
What happens when duplicate invoice number are uploaded in GSTR 1 for the same period?
Portal rejects them
Portal merges both
Both accepted
Treated as new invoice
After uploading invoices on GSTR 1, Can we delete a particular invoice before filing?
Yes, possible
No,once uploaded it can't be deleted
Only with GST officer approval
Only by offline utility
Which ledger is impacted while posting RCM entries?
Output tax payable
Input tax credit receivable
Both input and output GST ledgers
Only expense ledger
