NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 1128 - 1130 of 1264

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Question number: 1128

» Income Tax and Corporate Tax Planning » Corporate Tax Planning » Concepts and Its Techniques (New 2019)

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Appeared in Year: 2019

Assertion-Reason▾

Question

Assertion (Ꭺ)

If the tax liability has been reduced within the legal framework, it is tax planning. (June)

Reason (Ꭱ)

If the tax liability has been reduced to get benefit of deduction available under the income tax, it is called tax evasion.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are false

b.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

c.

Ꭺ is false but Ꭱ is true

d.

Ꭺ is true but Ꭱ is false

Question number: 1129

» Financial and Management Accounting » Indian Accounting Standards and Ifrs » (New 2019)

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Appeared in Year: 2019

Match List-Ⅰ List-Ⅱ▾

Question

Match List I and List II: (June)

List-Ⅰ (Column-I) List-Ⅱ (Column-II)

(A)

Ind AS - 16

(i)

Property, plant and equipments

(B)

Ind AS - 17

(ii)

Leasing

(C)

Ind AS - 12

(iii)

Income tax

(D)

Ind AS - 38

(iv)

Intangible Assets

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iii)
  • (iv)
  • (ii)
  • (i)

b.

  • (ii)
  • (i)
  • (iv)
  • (iii)

c.

  • (ii)
  • (iii)
  • (i)
  • (iv)

d.

  • (i)
  • (ii)
  • (iii)
  • (iv)

Question number: 1130

» Banking and Financial Institutions » Financial Market » Money Market (New 2019)

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Appeared in Year: 2019

Match List-Ⅰ List-Ⅱ▾

Question

Match List I with List II: (June)

List-Ⅰ (Column-I) List-Ⅱ (Column-II)

(A)

Treasury bills

(i)

Government papers

(B)

Commercial papers

(ii)

Promissory note

(C)

Commercial bills

(iii)

Short term maturity

(D)

Interbank call market

(iv)

Money Market

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (i)
  • (ii)
  • (iv)
  • (iii)

b.

  • (iv)
  • (iii)
  • (ii)
  • (i)

c.

  • (iv)
  • (ii)
  • (iii)
  • (i)

d.

  • (i)
  • (iii)
  • (iv)
  • (ii)

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