Start learning →

CA Final Income Tax Department — practice questions — page 2

Explore 88 free Income Tax Department questions in CA Final Taxation. Open each question or exercise to read its content, reference answers and available explanation.

Practise Income Tax Department with Quill →

Income Tax Department questions and exercises with answers

Showing questions 31–60 of 88.

Survey and search actions are popularly known as what?Read the answer and worked solution →A notice for assessment of income escaping assessment is issued under which section?Read the answer and worked solution →Time limits for completing assessments are prescribed in which section?Read the answer and worked solution →The penalty for concealment may range between which percentages of the tax evaded?Read the answer and worked solution →A return not filed by its original due date is called what?Read the answer and worked solution →A taxpayer who finds an omission in a filed return may revise it under which section?Read the answer and worked solution →An updated return (ITR-U) may be filed within how many months of the end of the relevant assessment year?Read the answer and worked solution →An updated return cannot be used for which purpose?Read the answer and worked solution →How many characters does a PAN contain?Read the answer and worked solution →Under which section of the Income Tax Act is the PAN issued?Read the answer and worked solution →In a PAN, what does the letter C in the fourth position denote?Read the answer and worked solution →The fourth character of a PAN is P for which type of holder?Read the answer and worked solution →Which holder type has H as the fourth character of its PAN?Read the answer and worked solution →A PAN has five letters, then four numerals, then what?Read the answer and worked solution →Which form is used by foreign citizens applying for a PAN?Read the answer and worked solution →Failing to comply with Section 139A attracts a penalty under which section?Read the answer and worked solution →Which pair is authorised to accept PAN applications for the department?Read the answer and worked solution →A TAN is issued to persons who must do what?Read the answer and worked solution →Which pattern matches the structure of a TAN?Read the answer and worked solution →If a TAN is not quoted, what happens to TDS payment challans?Read the answer and worked solution →On which date was the Income Tax Appellate Tribunal set up?Read the answer and worked solution →The ITAT was created by section 5A of which Act?Read the answer and worked solution →Under which ministry does the ITAT function?Read the answer and worked solution →An ITAT appeal is generally heard by which division bench?Read the answer and worked solution →An ITAT order can be challenged before the High Court on what kind of question?Read the answer and worked solution →Which form is filed to appeal before the ITAT?Read the answer and worked solution →An appeal to the ITAT can be filed within how many days of the order?Read the answer and worked solution →What application goes with an ITAT appeal filed after 60 days?Read the answer and worked solution →A special bench of the ITAT has at least how many members?Read the answer and worked solution →The ITAT was the first experiment in what in India's history?Read the answer and worked solution →

Worked practice questions

Survey and search actions are popularly known as what?

  1. Raids
  2. Audits
  3. Appeals
  4. Scrutinies
Show answer and solution

Correct answer: A. Raids

Both survey and search and seizure are called raids in common speech.

Open this question →

A notice for assessment of income escaping assessment is issued under which section?

  1. Section 143(2)
  2. Section 148
  3. Section 153A
  4. Section 142(1)
Show answer and solution

Correct answer: B. Section 148

The scrutiny, escaped-income and search assessments are initiated by notices under 143(2), 148 and 153A respectively.

Open this question →

Time limits for completing assessments are prescribed in which section?

  1. Section 153
  2. Section 139
  3. Section 271
  4. Section 234F
Show answer and solution

Correct answer: A. Section 153

Section 153 sets the time limits within which assessments must be completed.

Open this question →

How to practise

  1. Choose a Income Tax Department question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Taxation topics