CA Inter Taxation - Income-tax Law MCQ Test 12

This practice test covers Income-tax Law for CA Intermediate Group 1, written for the January 2027 attempt. It carries 15 marks in 30 minutes, with no negative marking, and sets 8 questions across case scenarios examining Capital Gains, Income from Other Sources, Income from Other Sources and Clubbing.

There are 8 questions worth 15 marks in total, arranged across 4 case scenarios. Seven questions carry 2 marks each and one question carries 1 mark. Each scenario presents realistic factual situations, and the questions ask you to apply statutory provisions and compute figures.

The time limit is 30 minutes and the paper carries 15 marks. There is no negative marking, so an incorrect answer costs nothing. Grading and results are provided at the end of the attempt.

This test covers Capital Gains, Income from Other Sources, Income from Other Sources and Clubbing, TDS and TCS, Advance Tax. Every scenario is drawn from these chapters, testing statutory conditions, deduction limits, computation thresholds, and applicable tax rates.

The questions apply the Income-tax Act, 1961 as amended by Finance Act 2025, notifications and circulars up to 30 June 2026, for assessment year 2026-27 (previous year 2025-26). It is written for CA Intermediate Group 1 students preparing for the January 2027 examination.

This is a practice test by HeyArtha, prepared for CA Intermediate students. It is not issued by or affiliated with ICAI. Questions are prepared with AI tools and cross-checked by independent solvers; they are not reviewed by a Chartered Accountant.

In exam mode the test is timed and graded upon submission. You receive your score, chapter-wise breakdown, full explanations, and a certificate carrying your name and score. No account creation or sign-up is required, and no student data is stored on a server.

They are practical, case-based applied problems. Each question provides specific numbers, dates, and transactions, requiring accurate computation and application of statutory rules before selecting an answer.

Every question on the result screen includes a Report a mistake button so you can submit feedback on any question, figure, or statutory citation.