Income Tax And Corporate Tax - Practice Test

(A) 2 years have expired from the date of transfer

(B) 2 years have expired from the date of deposit

(C) 3 years have expired from the date of transfer

(D) 3 years have expired from the date of deposit

(C) 3 years have expired from the date of transfer

(A) Best judgement assessment

(B) Re-assessment

(C) Self-assessment

(D) Regular assessment

(C) Self-assessment

(A) income is taxed in country of source and country of residence deduction is provided in other country

(B) income is taxed in one country and exempt from tax in the other country

(C) Both A and B

(D) None of the above

(A) income is taxed in country of source and country of residence deduction is provided in other country

(A) fully taxable

(B) fully exempt

(C) casual income

(D) None of these

(B) fully exempt

(A) Less income in the return

(B) Taxable income has been assessed less

(C) Shown more deductions and rebates for which he is entitled

(D) All of the above

(D) All of the above

Income Tax And Corporate Tax - Study Mode