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    Taxation Interview Questions & Answers

    Below we have listed all the Taxation Interview Questions and answers. Feel free to comment on any Taxation Interview Questions or answer by the comment feature available on the page.

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    what is the difference between profit and gain?
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    What is Inter Company Reconciliation?
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    What items fall under the category of 'securities'?
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    what is Permanent Account Number (PAN)?
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    Financial Year, Assessment Year and Previous Year, do these commonly used income tax jargons often confuse you?
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    Difference Between Cash Flow and Funds Flow Statement
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    Define Amortization & Impairment?
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    What is FBT?
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    WHAT IS THE AMOUNT OF EXEMPTION OF GRATUITY RECEIVED AT THE TIME OF RETIREMENT?
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    What is fair rent?
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    What is deferred tax liability? what items come under deferred tax liability?
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    WHAT IS STANDARD DEDUCTION?
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    Give some typical features of a Modern Accounting Package such as Pastel Evolution for the Accounts Payable and/or Creditors Book?
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    Description for the Accounts Payable Book Reconciliation Methodology?
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    What is capital gain?
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    What is Income Tax?
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    IS THE PERQUISITE AVAILING OF INTEREST FREE OR CONCESSIONAL LOANS EXEMPT IN ANY CASE?
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    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?
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    HOW IS THE RELIEF U/S 89(1) COMPUTED?
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    what is assessment year and previous year ?
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