B:-Internal audit

C:-Statutory audit

D:-Private audit

Correct Answer:- Option-C
Question87:-Any person who is responsible to pay tax on behalf of a minor, lunatic ೧೯ चे non-resident ‏كا‎ 85

A:-Assessee in default

B:-Ordinary assessee

C:-Deemed assessee

D:-None of these

Correct Answer:- Option-C
Question88:-Assessee includes

A:-Individual

B:-HUF

C:-Company

D:-All of the above

Correct Answer:- Option-D
Question89:-Income tax department works under

A:-State govt.

B:-President

C:-Income tax commission

D:-CBDT

Correct Answer:- Option-D
Question90:-Exempted income is

A:-Not taxable under income tax

B:-Not included in total income

C:-Agricultural income

D:-All of the above

Correct Answer:- Option-D
Question91:-Types of assesses in income tax from residential point of view

A2

B:-3

C:-4

D:-Many

Correct Answer:- Option-B
Question92:-Company may be

A:-Resident

B:-Non-resident

C:-Not ordinarily resident

D:-Resident or non-resident

Correct Answer:- Option-D
Question93:-Previous year is

A:-Preceding year

B:-Income eaming year

C:-Tax calculating year

D:-Income computation year

Correct Answer:- Option-B
Question94:-The value added tax is an expense to be suffered by

A:-Suppliers

B:-Traders

C:-Companies

D:-Final consumer

Correct Answer:- Option-D
Question95:-The responsibility for the preparation of the financial statements and the accompanying foot notes belongs to

A:-Both management and the auditor equally

B:-Management for the statements and the auditor for the notes

C:-The auditor

D:-Management

Correct Answer:- Option-D
Question96:-Debit note is associated with