AAFM CTEP Chartered Trust & Estate Planner (CTEP) Certification Examination Exam Practice Test

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Total 472 questions
Question 1

Compulsory audit of account is required u/s 44AB of IT, if the total sales/ turnover exceeds _______



Answer : C


Question 2

The maximum gratuity payable as per Payment of Gratuity Act is __________.



Answer : C


Question 3

What is the full form of EITC?



Answer : A


Question 4

The selling/ planning process has __________ steps.



Answer : D


Question 5

Gift received is not taxable in hands of



Answer : C


Question 6

Which of the following transaction /transactions is/are an example of the Layering Stage of Money Laundering?



Answer : D


Question 7

In case of __________ trust there is no Inheritance Tax if the settlor survives for _________ years.



Answer : B


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Total 472 questions