This is a mcq series on Taxation.

1. &KTGEV
+PFKTGEV6CZGU
/%3
3WGUVKQP$CPM
5GTKGU
3WGUVKQPU

2. 5WRRN[QHIQQFUQTUGTXKEGU
YJKEJEQPUVKVWVGUVJGRTGFQOKPCPV
GNGOGPVQHCEQORQUKVGUWRRN[KU
ECNNGF
C%QOOQPUWRRN[
D2TKPEKRCNUWRRN[
E/KZGFUWRRN[
F%QPVKPWQWUUWRRN[
6JGEJCKTQH)56%QWPEKN
C0QOKPCVGFD[VJG)QXV
D0QOKPCVGFD[VJG)56
%QWPEKN
E7PKQP(KPCPEG/KPKUVGT
F'NGEVGFD[VJG)56EQWPEKN
.KCDKNKV[VQRC[VCZD[VJG
TGEKRKGPVQHUWRRN[QHIQQFUQT
UGTXKEGUKUECNNGF
C1WVRWVVCZ
D4GXGTUGEJCTIG
E+PRWVVCZ
F0QPGQHVJGUG
+PVJG)56EQWPEKNOGGVKPIU
VJGXQVGQHVJG%GPVTCN)QXGTPOGPV
UJCNNJCXGCYGKIJVCIGQH
CQHXQVGUECUV
DQHXQVGUECUV
EQHXQVGUECUV
F0QPGQHVJGUG
#PUYGT
D
#PUYGT
D
#PUYGT
E
#PUYGT
C

3. +PVJG)56EQWPEKNOGGVKPIU
XQVGUQHCNNVJG5VCVG)QXGTPOGPVU
VCMGPVQIGVJGTUJCNNJCXGC
YGKIJVCIGQH
CQHXQVGUECUV
DQHXQVGUECUV
EQHXQVGUECUV
F0QPGQHVJGUG
+PVGITCVGF)QQFUCPF
5GTXKEGU6CZ#EVKUCRRNKECDNGVQ
C#NNVJG5VCVGU
D#NNVJG7PKQPVGTTKVQTKGU
E6JGYJQNGQH+PFKC
F#NNVJGUVCVGUGZEGRV,COOW
CPF-CUJOKT
6CZTCVGQPIQQFUWPFGT
)56CTGFGVGTOKPGFD[
C7PKQPDWFIGV
D5VCVGDWFIGV
E)56EQWPEKN
F%GPVTCN)QXVKPEQPUWNVCVKQP
YKVJUVCVG)QXV
+PVGITCVGF)56KU
CRRNKECDNGQPIQQFUQT
UGTXKEGU
C+ORQTVU
D+PVGTUVCVG5CNG
E'ZRQTVGFHTQO+PFKC
F+ORQTVUCPFKPVGTUVCVGUCNGU
#PUYGT
E
#PUYGT
E
#PUYGT
E
#PUYGT
F

4. 6JGTCVGQH+)56KUGSWCN
VQVJGTCVGQH
C%)56
D5)56
E%)56RNWUVJGTCVGQH5)56
F5)56RNWU76)56
)QQFUCPFUGTXKEGVCZKUł
C5WRRN[DCUGF
D%QPUWORVKQPDCUGF
E$QVJUWRRN[CPF
EQPUWORVKQPDCUGF
F0QPGQHVJGUG
+)56EQNNGEVGFDGNQPIVQ
C%GPVTCN)QXGTPOGPV
D6QVJG5VCVGKPYJKEJUWRRN[
QEEWTU
EVQVJG5VCVGVQYJKEJUWRRN[
QEEWTU
F6JG%GPVTGCPFUVCVGVQYJKEJ
UWRRN[QEEWTU
)56YCUKPVTQFWEGFKP
+PFKCYKVJGHHGEVHTQO
C
D
E
F
#PUYGT
E
#PUYGT
F
#PUYGT
D
#PUYGT
F

5. %QPUVKVWVKQP#OGPFOGPV
#EVHQT)56YCU
CVJ
DUV
EPF
F0QPGQHVJGUG
76)56KUCRRNKECDNGYJGP
C5QNFHTQO7PKQPVGTTKVQT[
D)QQFUCTGRWTEJCUGFD[
%GPVTCN)QXGTPOGPV
E5QNFHTQOQPGWPKQPVGTTKVQT[
VQCPQVJGTWPKQPVGTTKVQT[
F6JGTGKUKPVGTUVCVGUWRRN[
6JGKPEKFGPEGQHVCZ
QPVCZKUECNNGF
C6CZ%CUECFKPI
D6CZ2[TCOKFFKPI
E6CZGXCUKQP
F+PFKTGEVVCZ
+PVGITCVGF)QQFUCPF
5GTXKEGU6CZKUCRRNKECDNGYJGPł
C5QNFKP7PKQPVGTTKVQT[
D5QNFHTQOQPG)56FGCNGTVQ
CPQVJGT)56FGCNGT
E5QNFYKVJKPCUVCVG
F6JGTGKUKPVGTUVCVGUWRRN[
#PUYGT
D
#PUYGT
C
#PUYGT
C
#PUYGT
F

6. 5)56KUCRRNKECDNGYJGP
C)QQFUCTGUQNFYKVJKPCUVCVG
D)QQFUCTGUQNFHTQOQPG)56
FGCNGTVQCEWUVQOGT
E)QQFUCTGUQNFD[C)56
FGCNGTVQCPQVJGT)56FGCNGT
F+PVGTUVCVGUWRRN[
#HVGTKPVTQFWEVKQPQH
)56UWRRNKGUVQ5'CTG
C5WDLGEVVQ+)56
D5WDLGEVVQ%)56RNWU
5)56EGTQTCVGF
F5)56RNWU%)56RNWU+)56
6JGVCZYJKEJYCUPQV
OGTIGFKPVQ)56
C%QWPVGTXGKNKPIWV[
D'ZEKUGFWV[
E$CUKE%WUVQOUWV[
F2WTEJCUGVCZ
6JGJKIJGUV)56
TCVGCRRNKECDNGPQYKU
C
D
E
F
#PUYGT
C
#PUYGT
E
#PUYGT
E
#PUYGT
E

7. )QQFUYJKEJIGVKPRWV
VCZETGFKVYKVJQWVDGKPINKCDNG
VQEQNNGEVQWVRWVVCZKUECNNGF
C'ZGORVIQQFU
D9JKVGIQQFU
E5KPIQQFU
FGTQTCVGFIQQFU
9JCVKUVJGVKOGNKOKVHQT
VCMKPI+6%!
C FC[U
D [GCT
EVJ1EVQDGTQHVJGPGZV
HKPCPEKCN[GCTQTVJGFCVGQHHKNKPI
CPPWCNTGVWTPYJKEJGXGTKUGCTNKGT
F0QNKOKV
)56ECPDGEQNNGEVGF
D[
C#P[TGIKUVGTGFFGCNGT
D#P[)56FGCNGT
E#P[UGTXKEGRTQXKFGT
F#P[FGCNGT
+HVJGIQQFUCTGTGEGKXGFKPNQVU
KPUVCNOGPVAAAAAAAAAAAAAAAAAAA
C+6%ECPDGVCMGPQPTGEGKRVQHUV
KPUVCNOGPVCPFDCNCPEGQPTGEGKRVQH
NCUVKPUVCNOGPV
D+6%ECPDGCXCKNGFWRQPTGEGKRVQHNCUV
KPUVCNOGPV
E+6%ECPDGVCMGPQPTGEGKRVQHUV
KPUVCNOGPV
F2TQRQTVKQPCVG+6%ECPDGCXCKNGFQP
TGEGKRVQHGCEJNQVKPUVCNOGPV
#PUYGT
F
#PUYGT
D
#PUYGT
E
#PUYGT
D

8. 9JKEJQHVJGHQNNQYKPIKPYCTF
UWRRNKGUCTGPQVGNKIKDNGHQT+6%KP
ECUGQHCEQORCP[OCPWHCEVWTKPI
UJQGU!
C(QQFCPFDGXGTCIGU
D1WVFQQTECVGTKPI
E*GCNVJUGTXKEGU
F#NNQHVJGCDQXG
9JGTGVJGIQQFUQTUGTXKEGUQTDQVJ
CTGWUGFD[VJGTGIKUVGTGFRGTUQPRCTVN[HQT
VJGRWTRQUGQHCP[DWUKPGUUCPFRCTVN[HQT
QVJGTRWTRQUGUVJGKPRWVVCZETGFKVUJCNN
C0QVDGCNNQYGF
D$GCNNQYGFKPHWNN
E4GUVTKEVGFVQUQOWEJQHVJGKPRWVVCZCU
KUCVVTKDWVCDNGVQVJGRWTRQUGQHJKU
DWUKPGUU
F$GCNNQYGFVQVJGGZVGPVQHQHVJG
KPRWVVCZETGFKV
+PRWVVCZETGFKVKUPQV
CXCKNCDNGKPTGURGEVQH
CUGTXKEGUQPYJKEJVCZJCUDGGP
RCKFWPFGTEQORQUKVKQPNGX[
DHTGGUCORNGU
EIQQFUWUGFHQTRGTUQPCN
EQPUWORVKQP
FCNNQHVJGCDQXG
9JGVJGTETGFKVQPECRKVCN
IQQFUECPDGVCMGPKOOGFKCVGN[QP
TGEGKRVQHVJGIQQFU!
C;GU
D0Q
E#HVGTWUCIGQHUWEJECRKVCNIQQFU
F#HVGTECRKVCNKKPIKPDQQMUQH
CEEQWPV
#PUYGT
F
#PUYGT
F
#PUYGT
E
#PUYGT
F

9. :;.VFKUGPICIGFKPUCNGQHRTQFWEV:
CNNVJGUCNGUCTGOCFGQWVUKFGVJGUVCVG
2CTVKEWNCTU+04
8CNWGQHTGEGKRVUQHIQQFU
UGTXKEGU
5)56%)56
8CNWGQHRTQFWEV:UQNF
+)56
5GNGEVVJGEQTTGEVCPUYGTHTQOVJGQRVKQPUIKXGP
DGNQY
C0GV+)56RC[CDNGKU+04
D0GV+)56RC[CDNGKU+04
E0GV+)56RC[CDNGKU+04CHVGTUGVVKPI
QHH%)56QH+04CU5)56ECPPQVDGUGV
QHHCICKPUV+)56
F0QPGQHVJGCDQXGKUEQTTGEV
+)56UJCNNDGNGXKGFCPF
EQNNGEVGFD[VJG
C5VCVGIQXGTPOGPV
D)QXGTPOGPVQH+PFKC
E2CTVN[D[UVCVGIQXGTPOGPVU
CPFRCTVN[D[EGPVTCNIQXGTPOGPV
F0QPGQHVJGCDQXG
#TGIKUVGTGFFGCNGTQH/CJCTCUJVTC
RWTEJCUGFIQQFUHQTOTGIKUVGTGFFGCNGTQHGNJK
HQT+04KPENWUKXGQH+)56CPF
UQNFVJGUCOGVQTGIKUVGTGFFGCNGTKP-CTPCVCMC
HQT+04RNWU+)56*QYOWEJ
+)56KURC[CDNGD[FGCNGTKP/CJCTCUJVTC!
C+04
D+04
E+04
F+04
9JQECPCXCKNVJGDGPGHKVQH
+PRWV6CZ%TGFKV
+6%WPFGTVJG)56!
C4GIKUVGTGFRGTUQP
D2GTUQPYJQJCUCRRNKGFHQT
TGIKUVTCVKQPCPFJKUCRRNKECVKQPKU
RGPFKPI
E7PTGIKUVGTGFRGTUQP
F#P[QHVJGCDQXG
#PUYGT
C
#PUYGT
C
#PUYGT
D
#PUYGT
C

10. %TGFKVQPKPRWVUUJQWNF
DGCXCKNGFDCUGFQP
C4GEGKRVQHIQQFU
D4GEGKRVQHFQEWOGPVU
E$QVJ
F'KVJGTTGEGKRVQHFQEWOGPVU
QTTGEGKRVQHIQQFU
+PRWVVCZETGFKVWPFGT
)56
%QORGPUCVKQPVQ5VCVGU#EV
KPENWFGU)56%QORGPUCVKQP
%GUUEJCTIGFQPCP[UWRRN[QH
CbIQQFUCPFQTUGTXKEGU
Db)QQFUKORQTVGF
Eb)56%QORGPUCVKQP%GUURC[CDNGQP
TGXGTUGEJCTIGDCUKU
Fb#NNQHVJGCDQXG
+PRWVVCZETGFKVQP
EQORGPUCVKQPEGUURCKFWPFGT
)56
%QORGPUCVKQPVQ5VCVGU#EV
CKUPQVCXCKNCDNG
DKUCXCKNCDNG
EKUCXCKNCDNGDWVPQVHWNN[
FKUCXCKNCDNGCHVGTQPG[GCT
/CZKOWOTCVGQH%)56
RTGUETKDGFD[NCYHQT
KPVTCUVCVGUWRRN[OCFGKU
C
D
E
F
EGUU
#PUYGT
E
#PUYGT
D
#PUYGT
F
#PUYGT
D

11. +PRWVVCZETGFKVQP%QORGPUCVKQP
EGUURCKFWPFGT)56
%QORGPUCVKQPVQ
5VCVGU#EVKUCXCKNCDNGHQT
RC[OGPVQH
C+)56QPN[
D+)56CPF%)56QPN[
EEQORGPUCVKQPWPFGT)56
%QORGPUCVKQPVQ5VCVGU#EV
F0QPGQHVJGCDQXG
GTQTCVGFUWRRN[KPENWFGU
UWRRNKGUOCFG
C $[5'WPKVKP+PFKC
D VQ5'WPKVKP+PFKC
E $QVJCDCDQXG
F 0QPGQHVJGCDQXG
+)56KURC[CDNGYJGP
VJGUWRRN[KU
C+PVGTUVCVG
D+PVTCUVCVG
E+PVTC76
F#NNQHVJGCDQXG
9KVJVJGKPVTQFWEVKQP
QH)56KORQTVUYKNNDGŃ
COQTGGZRGPUKXG
DEJGCRGT
EPGWVTCNYKVJPQEJCPIG
F0QPGQHVJGCDQXG
#PUYGT
F
#PUYGT
D
#PUYGT
E
#PUYGT
C

12. 6JCPM;QW