Question
A company’s normal tax liability is ₹50 lakh, but
MAT under Sec 115JB is ₹58 lakh. If MAT credit is allowed, how much can be carried forward, and for how many years as per current law?Solution
• MAT credit = MAT paid – Normal tax = ₹58L – ₹50L = ₹8L. • Current rule: Carry forward up to 15 years.
Select the correct combination of mathematical signs that can sequentially replace the * signs and balance the given equation.
42 * 27 * 3 * 84 * 2 * 3
Which of the following letter-clusters will replace the question mark (?) in the given series?
RI, PK, LO, FU, XC, ?
'AB LX VU' can be a code of which of the following?
If the letter sequence 'BTDSFRHQJPLON' is written in reversed order of English Alphabet, for example, B is written as Y, N is written as M etc. Then whi...
Select the letter cluster that will come next in the following series.
MNOP, HIJK, _______
Select the term that is related to the third term in the same way as the second term is related to the first term.
Cheerful : Morose : : Valiant :?
10 is related to 15 following certain logic. Following the same logic, 42 is related to 63. To which of the following numbers is 22 related, following t...
If ‘A’ stands for ‘÷’, ‘B’ stands for ‘×’, ‘C’ stands for ‘+’ and ‘D’ stands for ‘−’, then what will come in place o...
Six people A, B, C, D, E and F are sitting around a circular table facing the centre. B sits second to the right of E. C sits to the immediate left of E...
In the question below, some letters are given in two ovals, intersecting each other. The letter(s) given in the intersected portion can be used more tha...