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Name: Chartered Trust & Estate Planner (CTEP)
Exam Code: CTEP
Certification: AAFM Certification
Vendor: AAFM
Total Questions: 475
Last Updated: Mar 12, 2025
Page:    1 / 95      
Total 475 Questions | Updated On: Mar 12, 2025
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Question 1

Mr. Sahil has two daughter and is in receipt of education allowance of Rs 200 per month for each of them. What would be the taxable allowance in the hands of Mr. Sahil for the full FY.


Answer: C

Question 2

The application for Registration of Trust has to be made in the prescribed Form No. _______________ to the Chief Commissioner of Income Tax or the Commissioner of Income Tax of the area concerned. 


Answer: C

Question 3

A father and his _________________ can also form an HUF. 


Answer: B

Question 4

As per Payment of Gratuity Act, Employees are entitled to ___________ terminal wages as gratuity for each year of completed service or part thereof in excess of 6 months. Seasonal employees are entitled to __________ terminal salary for each season of service


Answer: B

Question 5

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


Answer: C

Page:    1 / 95      
Total 475 Questions | Updated On: Mar 12, 2025
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