Free AAFM CTEP Practice Exam with Questions & Answers | Set: 13

Which of the following statement(s) about HUF is/are correct?

Which of the following statement(s) about POA Act is/are correct?

The Hindu Succession (Amendment Act), 2005 came into force from _______________.

In ________ the Income Tax Act was imposed, which was based on the Model Colonial Territories Income Tax Ordinance ________, which was devised for British colonies at that time.

Where an estate is liable to Inheritance Taxes, the tax is usually payable within ________________ of the end of the month in which the death occurred. If it becomes overdue, the amount owing may incur interest, currently at ___________ (as at April 2012).

Which of the following statement(s) about Tax Lease is/are correct?

In India where the Registration Act, 1908 is in force, the Power of Attorney should be authenticated by a______________.

Which of the following is/are difference between Dayabhaga HUF and Mitakshara HUF?

There are two parties to Power of Attorney, namely, Donor and Donee.

The current GST rate in Singapore is __________.