Diploma in Investment and Tax Planning

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Diploma in Investment and Tax Planning

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Which of the following is not included within the definition of “Customs Station” as defined in the Customs Act, 1962?

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The total income of a domestic company is taxable at the rate of -------

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As per Section 2(7A) of the Customs Act, 1962, Commissioner (Appeals) means a person appointed to be a Commissioner of Customs (Appeals) under subsection (1) of

4 / 60

Compliance of the legal requirements in connection with the tax is the essence of -----

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An alternative approach to the check list is ______________

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Which of the following securities has the most possible risk as well as the highest potential return?

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Uncertain events are broadly classified as ______________.

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In case of revocable transfer of asset, all income arising from such asset to transferee shall be included

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Which of the assertions below is (are) correct?

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Insurance is best suited to risk with ______________.

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Reducing tax liability, utilizing the deductions, exemptions or reliefs allowed in the Act andRules is called----

12 / 60

High-interest rates will have a negative impact.

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The benefit of exemption under Section 54F is available when following capital asset transferred

14 / 60

The two types of investment alternatives are

15 / 60

Horse racing, card games, and the lottery are all instances of ________.

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Losses arising due to a risk exposure retained or assured is known as ______________

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If Mr. A & Mrs. A both have substantial interest in a concern and both are in receipt of remuneration from that concern, then what will be the tax consequences?

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Which of the following loss can't be carry forward if assessed has not filed his return of income within time under section 139(1) of the Income-tax Act?

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A statistical measure of how closely two variables especially in stock returns move together

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“Dutiable Goods” means

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Compliance with legal formalities and availing tax incentives are cases of

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The Insurance is a ______________

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“ Customs Area” means

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As per Section 2(9) of the Customs Act, 1962, “conveyance” includes

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Shares are a part of the investment portfolio.

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When parent's income is clubbed with minor child income, parent is eligible for exemption

27 / 60

Availing tax holiday by a new industrial undertakings in backward areas is a case of

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“Customs Station” means

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Return of income must be furnished on or beforethe due date as per a part of-----

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._______ is associated with buying low and selling high, resulting in a significant capital gain.

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The risk manager maybe able to identify the new ventures involved in ______________.

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“Coastal goods” means

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.“Board” means the Central Board of Indirect Taxes and Customs constituted under the____

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That which is designed to improve the information on which decisions are take to reduce risk is ______________.

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Fixed investment in the business

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The Person whose risk is insured is called ______________.

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.“Entry” in relation to goods means an entry made in____and includes the entry made under the regulations made under section 84

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Which of the following securities is most likely to become virtually worthless if a company declares bankruptcy?

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A shareholder-funded investment program that trades in a variety of assets

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The connection between investors and debtors is called __________.

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The __ market assists existing investors in selling their stocks.

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Amount of money paid to a company’s shareholders on a regular basis.

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The return you make on your investment is based on the amount you put in, usually given as a percentage.

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The process of holding an investment in shares in electronic form is _________.

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Exchanging one currency for another is part of ______.

46 / 60

.A form of savings account that shows you own a piece of a company and have a claim on its assets and earnings

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------ is the device which satisfies the requirements of the law but not in accordance with theintentions of the law

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Income of minor is clubbed however the clubbing provision is not applicable if:

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Concealment of income or false claims to reduce tax liability are cases of ------

50 / 60

The measures aimed at avoiding,eliminating or reducing the chances of loss production is covered by ______________

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Mohan Received a gift of Rs.35,000/- each from his 3 friends on 30th March 2019:.

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As per Section 2(5) of the Customs Act, 1962, “bill of export” means a bill of export referred to in _____

53 / 60

This type of risk can be avoided by diversifying properly.

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An instrument by which a pure risk is transferred by a party other than insurer is

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.The ability to convert an asset rapidly and without influencing its price is referred to as ________.

56 / 60

Salary paid by an Indian company to its employees working in one of its branches outside India is:

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Tax avoidance is ----

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Unabsorbed depreciation can be carried forward for set off:

59 / 60

Using the loopholes of law to reduce tax is known as

60 / 60

Income from subletting of house property is taxable under the head :