Taxation Interview Questions
- What is FBT?
- What is tax audit?
- What is Tax refund?
- How is STT applied?
- What is capital gain?
- What is deferred tax?
- What is Income Tax?
- What is working capital?
- What is deferred tax assets?
- What is Differed tax Liability?
- What triggers Capital Gains Tax?
- Define Amortization & Impairment?
- What Is the Role of Taxes & Taxation?
- What is Inter Company Reconciliation?
- What is the Securities Transaction Tax?
- Justification for deferred tax accounting?
- What is the Capital gains tax in Australia?
- What is assessment year and previous year?
- What is Permanent Account Number (PAN)?
- What is the difference between profit and gain?
- What items fall under the category of ‘securities’?
- When Deferred Tax Asset & Deferred tax liability arises?
- What is the difference in between Fund flow Vs. Money Flow?
- Differences between the carrying amount of an asset or liability?
- Description for the Accounts Payable Book Reconciliation Methodology?
- What are the tax exemptions in regards to short term and long term capital gains?
- Explanation of the net debits and credits of Outstanding Amount on Explanation Sheet Attachment?
- Financial Year, Assessment Year and Previous Year, do these commonly used income tax jargons often confuse you?
- Give some typical features of a Modern Accounting Package such as Pastel Evolution for the Accounts Payable and/or Creditors Book?
- Does the NRI have to pay property tax if they buy property in India? Can a person fill a NRI in a Income tax form if he has been out of India for six months though he is Indian citizen?