Winter Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: v4s65

CTEP Exam Dumps - Chartered Trust & Estate Planner® (CTEP®) Certification Examination

Go to page:
Question # 25

X furnishes the following particulars for the compilation of his wealth-tax return for assessment year 2012-13.

Calculate the amount on which Wealth Tax is Payable.

A.

Rs. 2 lakh

B.

Rs. 9.50 lakh

C.

Rs. 17 lakh

D.

Rs. 9 lakh

Full Access
Question # 26

Receipts from TV serial shooting in farm house is __________________

A.

Non agricultural income

B.

Agricultural income

C.

Salary Income

D.

Business Income

Full Access
Question # 27

Singapore corporate tax rate is capped at ___________

A.

17%

B.

40%

C.

20%

D.

35%

Full Access
Question # 28

What is the full form of DFT?

A.

Discretionary Foundation Trust

B.

Discretionary Family Trust

C.

Discretionary Foundation Trustor

D.

Discretionary Family Trustor

Full Access
Question # 29

Tax rate on foreign sourced income in Singapore is ____ to _______ subject to conditions.

A.

0%,17%

B.

5%,20%

C.

5%,17%

D.

0%,20%

Full Access
Question # 30

During the PY 2008-09 a charitable trust earned an income of Rs. 5 lakh out of which Rs. 3 lakh was received during the PY 2008-09 and the balance Rs. 2 lakh was received during the PY 2010-2011.To claim full exemption of Rs. 5 lakh in the PY 2008-09, state:

A.

Rs.75,000 ; Rs2,25,000 ; Rs.2,00,000; 31st March 2012

B.

Rs.75,000 ; Rs 2,25,000 ; Rs.2,00,000; 31st December 2012

C.

Rs.1,25,000 ; Rs. 2,00,000; Rs. 2,25,000; 31st March 2012

D.

Rs.1,25,000 ; Rs. 2,00,000; Rs. 2,25,000; 31st December 2012

Full Access
Question # 31

Under the provisions of _________of the Hindu Succession Act, 1956 where a Hindu male dies intestate on or after __________, having at the time of his death an interest in a Mitakshara coparcenary property leaving behind a female heir of the Class I category, then his interest in the coparcenary property shall devolve by succession under that Act and not by survivorship.

A.

Section 6, 17th June 1956

B.

Section 8, 27th June 1956

C.

Section 10, 17th June 1956

D.

Section 12, 27th June 1956

Full Access
Question # 32

Under ___________ of Income Tax Act,1961, partial partitions will not be recognized for tax purposes.

A.

Section 171 (1)

B.

Section 174 (1)

C.

Section 171 (9)

D.

Section 174 (9)

Full Access
Go to page: