What is the amount paid or changed for something?

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Description : X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5 50 per share, the amount that will remain standing ... Share Forfeited A/c will be- (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120

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Description : X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up ... to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100

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Description : No TDS will be deducted if the amount of interest paid in a financial year does not exceed Rs____ a) 3500/- b) 5000/- c) 1000/- d) 10000/

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Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C

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Description : When a MO paid to a wrong person and the claimant urges for payment before recovery of the amount from the wrong perosn a) It cannot be done b) Claim can be admitted on getting on indemnity bond ... from the head of the division d) Payment can be made on proper sanction form the head of the circle

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Description : If there is a discrepancy of Rs. 5/- in the value of MO as written in the MO form by the remitter and as advised by the office of payment a) The payment should be withheld and a ... paid and irregularity reported to office of issue d) The case is referred to HO/divisional supdt. for advice

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Description : If there is a discrepancy of less than Rs 10/- between the amount entered by the remitter and by the office of issue a) MO issue returned to the office of issue for necessary correction b) ... The amount written by the remitter is paid and irregularity reported to office of issue d) None of these

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Description : When a VP article is delivered as ordinary registered article and the VP amount subsequently collected the amount should be taken to a) MO issue and VPMO issued b) To UCR and the amount paid to the ... UCR and VPMO issued by per-contra charge to UCP d) Amount sent by service MO to the sender

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Description : Mark the correct option relating to how are the postal income and postal cost of any office calculated in all office rural/urban area. a) 24% of MO commission on MO issued by the office b) 38 % of the MO ... 2/5 of the amount of commission realized on IPO sold & 2/5 of IPO paid d) All the above

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Description : Mark incorrect option related to Postcard a) Should not be folded, cut or altered and should be sent unenclosed b) Breach the conditions may be treated as letter and postage will be taxed ... forwarded taxed with double the deficiency. d) The amount recovered from sender after the delivery.

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Description : A postcard of private manufacture of more than prescribed size and thickness was found in delivery office. The article a) Taxed with double the amount b) Return to office of posting c) Was ... difference between min postage payable on a letter and postage already paid was charged d) None of these

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Description : Unpaid and insufficiently paid article other than letter and postcard for foreign countries received in posting a) Should be forwarded to RLO b) Should be forwarded to the office of exchange . c) Should ... on recovery of an amount equal to double the deficiency at inland rate. d) None of these

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Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975

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Description : In a system designed to work out the tax to be paid:An employee has £4000 of salary tax free. The next £1500 is taxed at 10% the next £28000 is taxed at 22%. Any further amount is taxed at 40% ... ) £4800; £14000; £28000 b) £5200; £5500; £28000 c) £28001; £32000; £35000 d) £5800; £28000; £32000

Last Answer : d) £5800; £28000; £32000

Description : In a system designed to work out the tax to be paid: An employee has £4000 of salary tax free. The next £1500 is taxed at 10%. The next £28000 after that is taxed at 22%. Any further amount is taxed ... of these is a valid Boundary Value Analysis test case? A. £28000. B. £33501. C. £32001. D. £1500

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Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

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Description : HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner ... c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

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Description : Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as ... ) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

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Description : If in an instrument the amount undertaken or ordered to be paid is stated differently in figures and in words A. The instrument is void due to uncertainty B. The amount stated in figure shall be ... amount stated in words shall be the amount undertaken or ordered to be paid D. None of the above.

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Description : In certain city the Taxi charges comprise of a fixed charge and the charge of the distance travelled. A person paid Rs.156 for a journey of 16 km and another person paid Rs.204 for the journey of 24 km. The amount paid by a passenger who has travelled 30 km is (A) 236 (B) 240 (C) 248 (D) 256

Last Answer : Answer: B

Description : X, Y, Z are engaged to do a certain piece of work for Rs.8200.Y and Z are to execute 15/26 of the work together. Amount to be paid to X is A) 4287 B) 3469 C) 6124 D) 2865

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