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

81. A proprietor takes goods costing Rs 20,000 from the shop's stock for family use, and the business accounts show no entry for it. In computing business income:

    कThe cost should be removed from the cost of goods sold (or added to income), as it is not a business expense खNothing needs to be done गThe amount is deductible as a staff welfare expense घIt is treated as a bad debt
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

82. As a general principle of accounting followed for tax computation, closing trading stock is valued at:

    कIts selling price खIts replacement cost plus profit margin गIts original invoice value including VAT credit claimed घThe lower of its cost and its market (net realisable) value
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

83. A trading company (not a bank) creates a general provision for doubtful debts equal to 5% of its debtors. For income tax purposes, this provision is generally:

    कDeductible in full खDeductible up to 1% of debtors गNot deductible; a deduction is allowed only for specific debts actually written off as irrecoverable घAdded to the depreciation pool
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

84. A sole proprietor debits a 'salary' of Rs 3,00,000 to himself in the business accounts. In computing the business income of the proprietorship, this amount is:

    कFully deductible खNot deductible, as it is a withdrawal by the owner गDeductible up to Rs 1,00,000 घDeductible only if tax is withheld
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

85. A trader receives insurance compensation for trading stock destroyed by fire. For tax purposes, the compensation is:

    कBusiness income, since it replaces the value of trading stock खAn exempt capital receipt गInvestment income घA windfall gain taxed at a final rate
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

86. A trade debt that was written off and deducted as a bad debt in an earlier year is recovered this year. The recovered amount is:

    कIgnored for tax purposes खDeducted again as a bad debt गTreated as a capital receipt घIncluded in business income of the year of recovery
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

87. A business using the accrual basis pays in Ashadh the shop rent for the whole of the next income year. In computing business income for the current year, this payment is:

    कFully deductible in the current year खDeductible half this year and half next year गNever deductible घNot deductible in the current year, as it relates to the next year
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

88. An employer refunds an employee for taxi fares the employee paid while travelling on the employer's official business. For the employee, this refund is:

    कFully taxable as employment income खNot employment income, as it reimburses expenses incurred for the employer's business गTaxable as investment income घA windfall gain
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

89. Under the Income Tax Act 2058, the official remuneration of a foreign diplomat (who is not a Nepali citizen) from his or her diplomatic post in Nepal is:

    कExempt from tax खTaxed at the corporate rate गTaxed by final withholding at 15% घTaxed only if paid in Nepali rupees
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।

90. Under the Income Tax Act 2058, when the underlying ownership of an entity changes by more than 50% compared with its ownership within the previous three years, the main consequence is that:

    कThe entity is dissolved for tax purposes खIts tax rate is doubled गIt must change its income year घLosses incurred before the change cannot be set off against income after the change
    💬 टिप्पणी / गल्ती रिपोर्ट (०)

    छलफल / प्रश्न उत्तरमा गल्ती छ

    पठाउनुहोस्

    टिप्पणी जाँचपछि मात्र देखिन्छ।