Tell me about taxation of trust, whether you can carry forward expenses, tell me the process of loan sanction,MAT etc 3CD section of tds tcs 5 Step of 115 Difference between rou and lease liability Why you wanna join this company and why you want to relocate in this city

Question

Accepted Answer

The question covers topics such as taxation of trust, carry forward of expenses, loan sanction process, MAT, 3CD section of TDS TCS, 5 Step of 115, difference between ROU and lease liability, and reasons for joining the company and relocating to the city.

Taxation of trust involves the taxation rules and regulations applicable to trusts and their income.
Carry forward of expenses allows taxpayers to offset certain expenses against future income.
The loan sanction process involves the evaluation of a borrower's creditworthiness and the approval of a loan by a financial institution.
MAT (Minimum Alternate Tax) is a tax imposed on companies that show a profit but have paid little or no tax due to various exemptions and deductions.
3CD section of TDS TCS refers to the section in the Income Tax Act that deals with the reporting requirements for tax audit.
5 Step of 115 refers to the five-step model for recognizing revenue under Ind AS 115 (Indian Accounting Standard 115).
ROU (Right-of-Use) is an accounting concept that represents an asset arising from a lease contract.
Lease liability is the obligation to make lease payments arising from a lease contract.
Reasons for joining the company and relocating to the city can include career growth opportunities, better work-life balance, proximity to family, etc.

Accepted Answer

Section of Trust taxation of trust , carry forward expenses of trust 
Loan sanction full process
3CD Tds tcs section number clause 34 and detail explanation of it.
5 Step of 115 
Diff of rou and LL.
I wann join this company cause your company is the best. Has the huge set of clients in many counties. The main thing is you create a difference from other companies.
The location which I wanna join challenges me. I love challenges

Tell me about taxation of trust, whether you can carry forward expenses, tell me the process of loan sanction,MAT etc 3CD section of tds tcs 5 Step of 115 Difference between rou and lease liability Why you wanna join this company and why you want to relocate in this city

Popular interview questions of Statutory Auditor

Top HR questions asked in PwC Statutory Auditor