Which of the following is a direct tax in India? MCQ with Answer and Explanation
Question
Report Error
Discuss this Question (0)
Practice More Accountancy and Book Keeping Questions
Question #1
Report Error
The 'National Company Law Tribunal' (NCLT) deals with:
Correct Answer: Option A
Explanation:
NCLT adjudicates corporate disputes, mergers, winding up, etc.
NCLT adjudicates corporate disputes, mergers, winding up, etc.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
Report Error
A: The Public Account of India includes Provident Funds. R: The government can withdraw money from the Public Account without parliamentary approval. Choose the correct option.
Correct Answer: Option A
Explanation:
The Public Account holds money like Provident Funds where the government acts as a banker. Since these funds belong to others, the government can make payments from this account without parliamentary approval. R correctly explains the nature of the account.
The Public Account holds money like Provident Funds where the government acts as a banker. Since these funds belong to others, the government can make payments from this account without parliamentary approval. R correctly explains the nature of the account.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
Report Error
The 'Audit Evidence' is more reliable if:
Correct Answer: Option B
Explanation:
External evidence is generally more reliable than internal evidence.
External evidence is generally more reliable than internal evidence.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
No comments yet. Be the first to start the discussion!