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1. An assessee was occupied with the matter of dairy cattle raising. He brought about a misfortune in regard of creatures which were utilized for

1. An assessee was occupied with the matter of dairy cattle raising. He brought about a misfortune in regard of

creatures which were utilized for the reasons for his business (in any case than as stock-in exchange) and

which have passed on. Such consumption will be considered as

a. Income consumption b. Capital use

c. Conceded income consumption d. Unlawful consumption

2. The consideration of pay of other individual in the pay of assesseeis called -

a. Accumulation b. Convey forward c. Clubbing d. Set off

3. The misfortune from hypothesis business can be set off against

a. Any pay b. No pay

c. Non theoretical business d. Speculative business as it were

4. Minor's pay is clubbed to -

a. Father's pay b. Mother's pay

c. Father's pay or mom's pay whichever is grater

d. Both mother's and father's pay

5. - manages PAN

a. Area 140 b. Segment 140 (A) c. Area 140 (B) d. Segment 140 (C)

6. - is an easygoing pay

a. Interest got b. Profit pay

c. Individual got d. Winning from lotteries

7. An assessee was occupied with the matter of managing in items. He had paid Commodities

exchange expense of Rs.15,000 in regard of the available wares exchanges. Pay emerging of Rs

3,00,000 from such available items exchanges was remembered for the pay processed under

the head "Benefits and gains of business or calling". Such consumption of installment of Commodities

exchange charge will be considered as

a. Income use b. Capital use

c. Theoretical exchange use d. Unlawful consumption

8. - is the execution of the arrangement of duty

a. Tax avoidance b. Duty shirking

c. Expense the board d. None of these

9. Which of coming up next is a target of expense the executives?

a. Limit case b. Profitable venture

c. Consistence with legitimate conventions d. Sound development of economy

10.The technique by which an individual unlawfully decreases his taxation rate by either emptying their pay or

expanding their costs is known as

a. Duty arranging b. Tax avoidance

c. Duty the executives d. Assessment shirking

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