कर (Taxation) – Taxation MCQ

कर (Taxation): प्रश्न र उत्तर

सही लागेको विकल्पमा थिच्नुहोस्। सही भए हरियो, गलत भए रातो देखिन्छ; ३ सेकेन्डपछि सही उत्तर र व्याख्या देखिन्छ।

सही: ० / ०

551. Foreign income is Rs 100,000 and foreign tax paid on it is Rs 30,000. The domestic tax rate is 25%. Under ordinary credit relief, how much foreign tax credit is allowed?

     कRs 5,000 खRs 25,000 गRs 55,000 घRs 30,000
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

552. In tax treaties, the concept that decides whether a non-resident enterprise's business profits can be taxed in the source country is:

     कTax residency certificate खArm's length price गPermanent establishment घWithholding agent
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

553. Transactions between associated enterprises should be priced as if they were between independent parties. This is the:

     कArm's length principle खDestination principle गAbility-to-pay principle घBenefit principle
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

554. Taxable income is best described as:

     कAccounting profit plus all expenses खTax payable less tax credits गAssessable income less allowable deductions and reductions घGross receipts before any expenses
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

555. Assessable income is Rs 1,500,000. Allowable deductions are retirement contribution Rs 300,000 and insurance premium Rs 40,000. What is taxable income?

     कRs 1,840,000 खRs 1,200,000 गRs 1,160,000 घRs 1,460,000
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

556. Which of the following is generally NOT deductible when computing taxable business profit?

     कSalaries paid to employees खRent of business premises गIncome tax paid on the profit itself घRepairs of business equipment
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

557. Which of the following is generally deductible in computing business income?

     कIncome tax paid on business profits खPersonal living expenses of the owner गFines for breaking the law घInterest on a loan used for the business
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

558. Purchase of a new machine for business use is, for tax purposes:

     कRevenue expenditure fully deductible in the year खA deduction from VAT payable गNot relevant for tax at all घCapital expenditure recovered through depreciation
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

559. A shareholder receives a net dividend of Rs 95,000 after 5% withholding tax. What is the gross dividend?

     कRs 100,000 खRs 99,750 गRs 90,250 घRs 104,500
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।

560. A consultant must receive Rs 85,000 net after 15% withholding tax. What is the gross amount of the fee?

     कRs 100,000 खRs 97,750 गRs 98,600 घRs 72,250
     💬 टिप्पणी / गल्ती रिपोर्ट (०)

     छलफल / प्रश्न उत्तरमा गल्ती छ

     पठाउनुहोस्

     टिप्पणी जाँचपछि मात्र देखिन्छ।