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Tax Interview Questions & Answers

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

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Tax Interview Questions & Answers

Tax is a fee charged ("levied") by a government on a product, income, or activity. If tax is levied directly on personal or corporate income, then it is a direct tax. If tax is levied on the price of a good or service, then it is called an indirect tax. The purpose of taxation is to finance government expenditure. A tax (from the Latin taxo) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is usually punishable by law.

Subcategories for Tax Interview Questions & Answers :-

Following are sub categories for which Interview Questions & Answers are available under Tax Interview Questions & Answers. Please select the appropriate sub-category:-

Anti Dumping Duty Tax Interview Questions & Answers (24) Exam Mode | Learning Mode

Capital Gains Tax Interview Questions & Answers (31) Exam Mode | Learning Mode

Corporate Tax Interview Questions & Answers (9) Exam Mode | Learning Mode

Custom duty & Octroi / Entry Tax Interview Questions & Answers (28) Exam Mode | Learning Mode

Dividend Distribution Tax Interview Questions & Answers (10) Exam Mode | Learning Mode

ECommerce Entry Tax Interview Questions & Answers (30) Exam Mode | Learning Mode

Education Cess , Surcharge Interview Questions & Answers (9) Exam Mode | Learning Mode

Entertainment Tax Interview Questions & Answers (5) Exam Mode | Learning Mode

Excise Duty Tax / CENVAT Interview Questions & Answers (21) Exam Mode | Learning Mode

Gift Tax Interview Questions & Answers (54) Exam Mode | Learning Mode

Goods and Services Tax (GST) Interview Questions & Answers (48) Exam Mode | Learning Mode

Income Declaration Scheme - 2016 Interview Questions & Answers (15) Exam Mode | Learning Mode

Income Tax Interview Questions & Answers (105) Exam Mode | Learning Mode

Infrastructure Cess Tax Interview Questions & Answers (7) Exam Mode | Learning Mode

Krishi Kalyan Cess Interview Questions & Answers (14) Exam Mode | Learning Mode

Municipal Tax / Property Tax Interview Questions & Answers (46) Exam Mode | Learning Mode

Perquisite Tax Interview Questions & Answers (13) Exam Mode | Learning Mode

Professional Tax Interview Questions & Answers (30) Exam Mode | Learning Mode

Sales Tax Interview Questions & Answers (18) Exam Mode | Learning Mode

Securities Transaction Tax Interview Questions & Answers (12) Exam Mode | Learning Mode

Service Tax Interview Questions & Answers (152) Exam Mode | Learning Mode

Stamp Duty, Registration Fees, Transfer Tax Interview Questions & Answers (4) Exam Mode | Learning Mode

Swachh Bharat Cess Interview Questions & Answers (15) Exam Mode | Learning Mode

Tax Deducted at Source (TDS/ TCS) Interview Questions & Answers (18) Exam Mode | Learning Mode

Toll Tax Interview Questions & Answers (21) Exam Mode | Learning Mode

Value Added Tax Interview Questions & Answers (54) Exam Mode | Learning Mode

Wealth Tax Interview Questions & Answers (22) Exam Mode | Learning Mode

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What is Aggregation in Taxation?
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What is Option to be Taxed in Taxation?
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What is Residence Principle of Taxation in Taxation?
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What is Revenue Neutrality in Taxation?
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What is Tax on Tax in Taxation?
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What is Taxable Event in Taxation?
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What is Non-recourse Debt in Taxation?
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You locate a command in the /bin directory but do not know what it does. What command can you use to determine its purpose
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What is Fiscal Year in Taxation?
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What is Memorandum of Understanding (MOU) in Taxation?
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What is Frivolous Position in Taxation?
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What is Taxable Year in Taxation?
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What are Direct taxes in Taxation?
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What is Invoice Company in Taxation?
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How can one disable the "Import All" button on STMS for the queues?
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What is Accounts Receivable in Taxation?
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Who is Tax Agent in Taxation?
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What is Nationality Principle in Taxation?
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What is Tax Haven in Taxation?
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What is Capital Expenditure in Taxation?
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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal



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