K.C.Mehta & Co Article Assistant Interview Questions and Answers

Test of 30 minutes of the field you choice proper paper no mcq

Q1. Basics of tax explain from basic
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Q1. Every tds sextion and rate you know
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Q1. Tax deducted at source 194 CIJ
Ans. 
Tax Deducted at Source (TDS) under section 194 CIJ
• Section 194 CIJ of the Income Tax Act deals with TDS on payment of compensation on acquisition of certain immovable property.

• TDS is deducted at the rate of 10% on the amount of compensation paid.

• The person responsible for making the payment is required to deduct TDS and deposit it with the government.

• The TDS deducted needs to be reported and filed in the TDS return.

• Fail...read more
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Q2. Stat vs Internal audit
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Statutory audit is mandatory by law, while internal audit is voluntary and conducted by the company itself.
• Statutory audit is conducted to ensure compliance with legal and regulatory requirements.

• Internal audit is conducted to evaluate the effectiveness of internal controls and identify areas for improvement.

• Statutory audit is conducted by an independent external auditor, while internal audit is conducted by employees ...read more
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Basic ques of income tax,gst,audit

Q1. Audit SA220,SQC1,define any AS,block credit case study,how to audit revenue,SA700
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Q1. Partner round,tell me about yourself define any SA,recent budget amendements
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Q1. Who do you now about us ?
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I know that your firm is a leading accounting firm with a strong reputation for providing quality services.
• Your firm is known for its expertise in accounting and auditing services

• You have a strong reputation for delivering quality work to clients

• Your firm is well-respected in the industry for your professionalism and integrity
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Q2. Tell me about your learnings from oc ?
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I have learned valuable skills in accounting, auditing, and taxation during my time at oc.
• Developed strong analytical skills through auditing financial statements

• Gained practical experience in preparing tax returns for clients

• Improved communication skills by interacting with clients and team members

• Enhanced time management skills to meet deadlines for various projects
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Q1. Questions related to AS9 AS 10 AS 2 and AS 16
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Q1. Accounting standard case study
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Q2. Banking sector case study
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Q1. What are your strengths and weaknesses?
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Q2. What are your salary expectations?
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Q3. Share details of your previous job.
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Q4. Why should we hire you?
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Q5. Tell me about yourself.
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Q1. Details about the department you want to join.
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