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

Deduction u/s 80-IC regarding special provisions for enterprices in special catogries states is allowed to the extent of:

Employees Provident Fund is applicable to firms employing over _______________ employees

An assessee was allowed deduction of unrealized rent to the extent of Rs. 40,000 in the past although the total unrealized rent was Rs. 60,000. He is able to recover from the tenant Rs.45,000 during the previous year on account of such unrealized rent. He shall be liable to tax to the extent of:

In case of self occupied property, higher deduction u/s24(b) for interest on loan for construction can be claimed if borrowing was made

Incase of Divorce by mutual consent, on the motion of both the parties made not earlier than __________ after the date of the presentation of the petition and not later than____________ after the said date, if the petition is not withdrawn in the meantime, court shall, on being satisfied on all grounds pass a decree of divorce declaring the marriage to be dissolved with effect from the date of the decree.

As per Workmen’s Compensation Act, in case there is default in paying compensation .

The interest payable for a housing loan outside India is not allowed as a deduction U/S 24 (1) while computing the income from house property. The given statement is

With respect to Workmen’s Compensation Act, if distinction is made on the ground of duration of incapacity it may extend to

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

Compulsory maintenance of account is required u/s 44AA of IT, if the gross receipt/ total sales exceed _______