कर (Taxation) – Taxation MCQ
कर (Taxation) – CA / ACCA
Taxation · Chartered Accountancy (CA, ACCA) · ६२३ प्रश्न
६२३ प्रश्न उपलब्ध। मोड छान्नुहोस्:
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
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House rent tax on income from letting houses within its area is levied under the Local Government Operation Act 2074 by the:
सही उत्तर: घ) Municipality or Rural Municipality
The Local Government Operation Act 2074 empowers municipalities and rural municipalities to levy house rent tax, along with property and land taxes.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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'Vertical fiscal imbalance' in a federal system refers to a situation where:
सही उत्तर: क) The central government raises more revenue than its spending needs while sub-national governments have more responsibilities than revenue
Vertical imbalance is the mismatch between levels of government in revenue powers and expenditure responsibilities, usually corrected by transfers.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A grant from the federal government to provinces and local levels, based on their expenditure needs and revenue capacity, is called a:
सही उत्तर: ग) Fiscal equalisation grant
Equalisation grants are formula-based transfers to reduce the gap between expenditure needs and own-revenue capacity; the others are tied to specific projects or conditions.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Royalty on natural resources such as hydropower, mines and forests is shared under the Intergovernmental Fiscal Arrangement Act 2074 among the Federation, the Province concerned and the local levels concerned in the ratio:
सही उत्तर: घ) 50 : 25 : 25
The Act divides natural resource royalty 50% to the federal government, 25% to the province and 25% to the local levels concerned.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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When a taxable supply is made for consideration partly or wholly in kind (e.g., barter), the taxable value for VAT is generally:
सही उत्तर: ग) The market value of the supply
Where consideration is not in money, VAT is computed on the open-market value of the goods or services supplied.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A VAT-registered manufacturer sells an old machine used in its business. Generally this sale is:
सही उत्तर: ख) A taxable supply on which VAT must be charged
Sale of business assets by a registrant in the course of business is a taxable supply, just like the sale of trading goods.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A trader who is not registered for VAT collects an amount described as VAT from customers. This is:
सही उत्तर: घ) Not permitted, since only registered persons may charge VAT and issue tax invoices
Charging or collecting VAT without registration is not allowed; only registrants may charge VAT and issue tax invoices.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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When a VAT-registered trader sells taxable goods to an unregistered final consumer, the trader:
सही उत्तर: ग) Must charge VAT on the sale
VAT is due on all taxable supplies by a registrant, whether the buyer is registered or not.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A VAT registrant buys a machine for Rs 10,00,000 plus VAT of Rs 1,30,000. Its output VAT in that month is Rs 50,000 and there is no other input. Under full immediate credit for capital goods, what is the position for the month?
सही उत्तर: क) Excess credit of Rs 80,000 carried forward (or refunded if allowed)
Input credit 1,30,000 exceeds output 50,000, leaving excess credit of Rs 80,000 for the following periods.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Goods are imported with an FOB value of Rs 4,00,000, freight of Rs 50,000 and insurance of Rs 10,000. What is the CIF value?
सही उत्तर: ख) Rs 4,60,000
CIF = FOB + insurance + freight = 4,00,000 + 10,000 + 50,000 = Rs 4,60,000.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
यी अभ्यास प्रश्न हुन्, आधिकारिक प्रश्न होइनन्। पाठ्यक्रम, विज्ञापन र नतिजाका लागि सम्बन्धित निकायको आधिकारिक वेबसाइट हेर्नुहोस्। उत्तरमा गल्ती भेटे प्रश्नमुनिको "टिप्पणी / गल्ती रिपोर्ट" मा लेख्नुहोस्।
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