Article Topics
Average CTC: 7 to 11 LPA (approx.)
Technical Questions:
- Tell me in brief about the Vivad se Vishwas Scheme
- Tell me about major amendments in the recent budget for corporates.
- How many clauses are there in Form 3CA/CB and CD?
- Give a quick overview regarding important provisions of tax audit reports.
- Tell me about amendments in the previous budget (the recent one was Budget 2020 but they asked for Budget 2019).
- Have you ever filed a TDS / TCS return? Explain the overview of the TDS return for salary.
- Question from Budget 2020, about the new option to tax income for individuals: Explain which option is more beneficial. Tell me for which class of person this scheme will be beneficial and why?
- Explain rates applicable for companies: 15% / 22% / 25% / 30% / 40%.
- Certain allowances/disallowances under PGBP.
- A few questions on the recent budget. Any major amendments.
- What is the New Pension Scheme? Why was it started? Do you think it is beneficial for non-govt employees to invest in NPS?
- What is the Swachh Bharat cess and education cess? Why has this cess been charged to taxpayers? Who retains the amount of cess?
- What is DTAA?
- LTCG u/s 112A
- List the criteria for exemption of H.R.A.
- Explain the difference between STCA and LTCA.
- Tell me what types of income are included under the head "Income from Other Sources"?
- Balance depends on the profile: a. Compliance Profile: Provisions related to Return, TDS, TCS, Assessment, Appeal, penalty, etc. are relevant b. Transfer pricing: Complete International Taxation is important c. M&A Tax: Capital gains, losses carried forward, section 72A, 79, 2(19AA), etc. are relevant d. Corporate Tax: PGBP, TDS/TCS must
- Describe allowances that are fully taxable.
- What is a superannuation fund?
