Deduction / Payment of Tax Chapter- 23
Q.23 Taxpayer may make adjustment of tax paid / deducted at source under NTR during the __ of
which advance tax is payable.
(a) year
(b) month
(c) century
(d) quarter
Q.24 Taxpayer shall furnish the estimate to Commissioner Inland Revenue if he is of the opinion that his
tax liability for the current year will be ____ the previous year.
(a) less than
(b) more than
(c) equal to
(d) Both (a) and (b)
Q.25 The amount of tax paid in advance shall be adjusted against the ___ as per return of the
taxpayer.
(a) preceding year tax payable
(b) refund of preceding tax year
(c) tax payable
(d) none of above
Q.26 Instalments for the payment of tax demanded by Commissioner Inland Revenue _____ be granted by
Commissioner Inland Revenue.
(a) may
(b) cannot
(c) should
(d) none of above
ANSWERS
1 (b) 2 (c) 3 (d) 4 (b) 5 (d)6 (b) 7 (b) 8 (d) 9 (b) 10 (c)11 (a) 12 (b) 13 (c) 14 (a) 15 (b)16 (b) 17 (a) 18 (b) 19 (a) 20 (a)21 (b) 22 (d) 23 (c) 24 (d) 25 (c)26 (a)