BDO India LLP Tax Analyst Interview Questions and Answers

Good, based on accounting and taxation

Q1. Indian basic taxation
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Q1. Golden rules of accounting
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Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a compa...read more
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Q2. Journal entry in basic
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A journal entry is a record of a financial transaction in a company's accounting system.
• Journal entries consist of a debit and credit entry to different accounts

• Debits are recorded on the left side and credits on the right side

• The total debits must equal the total credits in a journal entry
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Q1. Accounting questions
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Q2. Working capital
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Q1. House rent allowance
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Q2. Bank reconciliation statement
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Excel, sql, python....

Time work, Algebra trigonometry probability logical aptitude, reasoning

Q1. About taxation questions
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Q2. 5 heads of income
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The 5 heads of income are salary, house property, business or profession, capital gains, and other sources.
• Salary income includes income from employment, bonuses, commissions, etc.

• House property income includes rental income from properties owned by the taxpayer.

• Business or profession income includes income from running a business or providing professional services.

• Capital gains income includes profits from the sale of...read more
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45 min verbal reasoning