Direct Tax & Corporate Tax - Frequently
- Asked Technical Interview Questions

Tell me in brief about the Vivid se Vishwas Scheme
Tell me about major amendments in the recent budget for corporates.
How many clauses are there in form 3CA/CB and CD?
Give a quick overview regarding important provisions of tax audit reports.
Tell me about amendments in the previous budget (the recent one was Budget 2020 but they asked for Budget 2019)
Have you ever filed TDS / TCS return? Explain the overview of TDS return for salary
Question from Budget 2020, About the new option to tax income for individuals: Explain which option is more beneficial. Tell me for which class of person this scheme will be beneficial and why?
Explain rates applicable for companies. 15%/22%/25%/30%/40%
Certain allowances/disallowances under PGBP

Few questions on the recent budget. Any major amendments.
What is New Pension Scheme. Why it was started. Do you think it is beneficial for non-govt employees to invest in NPS
What is the Swatch Bharat cess and education cess? Why has this cess been charged to the taxpayers? Who retains the amount of cess..?
What is DTAA's
LTCG u/s 112A
List the criteria for exemption of H.R.A
Explain the difference between STCA and LTCA
Tell me what types of income is included under the head of income from other sources?
Balance depends upon profile: a. Compliance Profile: Provision related to Return, TDS, TCS, Assessment, Appeal, penalty, etc are relevant b. Transfer pricing; Complete International Taxation is important c. M&A Tax: Capital gains, losses carried forward, section 72A, 79, 2(19AA), etc are relevant d. Corporate Tax: PGBP, TDS/TS must
Describe allowances that are fully taxable?
What is a superannuation fund?