A company in which the public are not substantially interested is closed
Open company
Closely held company
Limited company
None of these
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4894 practice sets · Page 20 of 245
A company in which the public are not substantially interested is closed
Open company
Closely held company
Limited company
None of these
A company carry forward the eligible tax credit under MAT for a maximum of
Five assessment years
Eight assessment years
Ten assessment years
Twelve assessment years
80 ID deals with tax holiday for
Hospitals
Hotels
Natural gas
Eligible business
.........deals with PAN
Section 140
Section 140 (A)
Section 140 (B)
Section 140 (C)
..........refers to hedging of tax?
Tax planning
Tax evasion
Tax management
Tax avoidance
.............is exempted from income tax.
Interest from Indian company
Dividend from foreign company
Cooperative dividend
Dividend from Indian company
..............is the implementation of the plan of tax
Tax evasion
Tax avoidance
Tax management
None of these
..............is a casual income
Interest received
Dividend income
Person received
Winning from lotteries
To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press
F10
F12
F11
None of these
Branch / Division is a group defined under
Liabilities
Assets
Income
Expenditure
Goods returning to a Creditor after challan but before bill we need to pass
Debit Note
Receipt Note
Rejection Out
Rejection In
We can switch from Accounting Voucher to Inventory Voucher pressin
F2
Alt +F1
Ctrl + F1
F11
To declare a voucher as Post Dated press
Ctrl + T
Alt + T
Ctrl + P
Ctrl + D
To hide the name of the Company you need to define
Security Control
Tally Audit
Create at least one User
Tally Vault Password
Reversing journal is a
Conventional Voucher
Unconventional Voucher
Both (a) and (b)
None of these
Online voucher creation from Day Book report by pressing
Ctrl + A
Shift + A
Alt + A
None of these
Single Entry mode is applicable for
Receipt Voucher
Contra Voucher
Payment Voucher
All of these
Input Vat Credit on Capital goods should be defined under
Capital Account
Current Liabilities
Duties & Taxes
Misc. Expenses (Assets)
List of Optional Voucher we can get from
Cash Bank Books
Exceptional Reports
Accounts Books
Balance Sheet
To create Purchase Order press
Alt + F4
Ctrl + F4
F4
None of these