The 'Tax Deduction at Source' (TDS) certificate for salary is Form: MCQ with Answer and Explanation

Question
The 'Tax Deduction at Source' (TDS) certificate for salary is Form:
A. Form 24Q
B. Form 16
C. Form 16A
D. Form 26AS
Answer: Option B
Solution (By JKSSB Mock Tests)
TDS on salary is certified through Form 16.
This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Accountancy and Book Keeping Questions

Question #1
The 'Dual GST' model in India comprises:
A. CGST and IGST
B. Only CGST
C. CGST and SGST/UTGST
D. Only IGST
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Dual GST includes Central GST and State GST simultaneously on intra-state supplies.
This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
Question #2
Which of the following is a key feature of 'Ind AS 115' (Revenue from Contracts with Customers)?
A. Revenue is recognised when invoice is raised
B. Revenue is recognised based on transfer of control
C. Revenue is recognised only on completion
D. Revenue is recognised based on transfer of risks and rewards
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Ind AS 115 uses the control-based model.
This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
Question #3
In cost accounting, 'Idle Time' means:
A. Overtime worked
B. Time for which workers are paid but no production occurs
C. Standard time
D. Time spent on maintenance
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Idle time is unproductive time for which wages are paid.
This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
Explore All Accountancy and Book Keeping MCQs
Today's Top Topics
Accountancy and Book Keeping 1861 Statistics 1318
Explore Subjects
Accountancy and Statistics 3179 Economy GK 2220 English 15164 Computer 5279 Current Affairs 575
Practice Mix
Which of the following is an indirect tax in India?
The valve between the left atrium and left ventricle is the:
A person faces north. He turns 45° left, then 90° right, then 45° left. Which direction is he facing?
Under the Income Tax Act, the 'TDS' on the sale of an immovable property (other than agricultural land) by a resident is governed by which section, and what is the rate?
In 'Piecemeal Distribution' during dissolution, the first priority for payment of outside liabilities is: