K G Somani & 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
Add your answer

Q1. Every tds sextion and rate you know
Add your answer

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
Answered by AI
View 1 more answer
Q2. Stat vs Internal audit
Ans. 
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
Answered by AI
Add your answer

Q1. Self introduction and academic background questions
Add your answer

Basic ques of income tax,gst,audit

Q1. Audit SA220,SQC1,define any AS,block credit case study,how to audit revenue,SA700
Add your answer

Q1. Partner round,tell me about yourself define any SA,recent budget amendements
Add your answer

Q1. Willing to relocate?
Ans. 
Yes, I am willing to relocate for the right opportunity.
• I am open to relocating to a new city or country for career growth.

• I understand that relocation may be necessary for certain job opportunities.

• I am flexible and adaptable to new environments.

• I am excited about the prospect of experiencing a new location and culture.
Answered by AI
Add your answer
Q2. Opt for industrial training
Ans. 
Industrial training provides practical exposure and hands-on experience in a real-world work environment.
• Industrial training helps in gaining practical knowledge and skills that are essential for a successful career.

• It allows students to apply theoretical knowledge in real-life situations.

• Industrial training enhances problem-solving abilities and decision-making skills.

• It provides an opportunity to network with profess...read more
Answered by AI
Add your answer

Q1. Questions related to AS9 AS 10 AS 2 and AS 16
Add your answer

Q1. Accounting standard case study
Add your answer
Q2. Banking sector case study
Add your answer

Q1. What are your strengths and weaknesses?
Add your answer
Q2. What are your salary expectations?
Add your answer
Q3. Share details of your previous job.
Add your answer
Q4. Why should we hire you?
Add your answer
Q5. Tell me about yourself.
Add your answer

Q1. Details about the department you want to join.
Add your answer