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Chartered Wealth Manager GLO_CWM_LVL_1 Exam Dumps

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Total 1057 questions
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Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 57

Where the return of income is filed after the due date specified u/s 139(1):

Options:

A.

all deductions under Chapter VIA i.e. 80C to 80U will be allowable

B.

all deductions under Chapter VIA i.e. 80C to 80U will not be allowable

C.

all deductions under Chapter VIA i.e. 80C to 80U excepting 80-IA, 80-IAB, 80-IB, 80-IC will be allowable

D.

all deductions under Chapter VIA i.e. 80C to 80U except 80-IA will be allowable

Question 58

Which of the following statements is/are false?

Options:

A.

Only II

B.

I andIV

C.

Only III

D.

None of the above

Question 59

Sponsor of a Mutual Fund is like a promoter of a company

Options:

A.

TRUE

B.

FALSE

Question 60

The following is not ‘plant’ u/s 43(3) of the Income-Tax Act, 1961

Options:

A.

Books

B.

Know-how

C.

Road in the factory building

D.

Electrical fittings

Page: 15 / 40
Total 1057 questions
Get GLO_CWM_LVL_1 Full Access Download GLO_CWM_LVL_1 PDF