ACC204 Taxation And Auditing

Taxation And Auditing: most repeated questions

Questions that have come up in more than one paper, matched by what they ask rather than exact wording. Most repeated first.

  1. 2×Asked in 2025, 2024
    Define direct tax with example.Answer coming2
    See the wording in each paper
  2. 2×Asked in 2025, 2024
    What do you understand by Permanent Account Number (PAN)?Answer coming2
    See the wording in each paper
  3. 2×Asked in 2025, 2024
    Describe the provision regarding depreciation as laid down under the Income Tax Act, 2058 under Sec 19.Answer coming10
    See the wording in each paper
  4. 2×Asked in 2025, 2024
    Mr. Anish has been operating a proprietorship business located at Lalitpur Metropolitan City, his sales and taxable income was Rs 2,600,000 and Rs 300,000 respectively. He had adopted to be presumptive tax payer. Required: Determine the tax liability with…Answer coming2
    See the wording in each paper
  5. 2×Asked in 2025, 2024
    Mr. Kamal furnish the following income details of previous income year. Rent from natural resources of Rs 425,000 (Net). Royalty income Rs 85,000 (Net). Dividend from the foreign country Rs 100,000. Compensation received Rs 63,000. Bad debts recovered (20%…Answer coming10
    See the wording in each paper
  6. 2×Asked in 2025, 2024
    Mr. Bhandari, a trader furnished the following trading and profit and loss account for previous year: ParticularsAmountParticularsAmountTo Opening stock90,000By Sales2,950,000To Purchases500,000By Closing stock55,000To Carriage150,000To Wages250,000To Gross…Answer coming
    See the wording in each paper
  7. 2×Asked in 2025, 2024
    What are the difference sources of income as per the Income Tax Act, 2058?Answer coming2
    See the wording in each paper