Question 16

Which of the following is not true?
  • Question 17

    Asit an industrialist wants to buy a car presently costing Rs. 10,00,000/- after 5 years. The cost of the car is expected to increase by 10% pea for the first 3 years and by 6% in the remaining years. Asit wants to start a SIP with monthly contributions in HDFC Top 200 Mutual Fund. You as a CWM expect that the fund would give an average CAGR of 12% in the next 5 years. Please advise Asit the monthly SIP amount starting at the beginning of every month for the next 5 years to fulfill his goal of buying the Car he desires.
  • Question 18

    Which of the following is not true in respect of the conditions essential for taxing income under the head income from House Property?
  • Question 19

    Mr. Ajay and Vijay both are 30 years old. And both are 30 years away from their retirements. Ajay saves Rs.
    10,000/- p.a. for 8 years and stops. Vijay starts investing after Ajay stops and saves Rs. 10,000/- p.a. till he retires. Their savings earn 10% p.a. compounded yearly. At the retirement what is true?
  • Question 20

    If a testator makes a will 'to induce another person to make him comply with his (testators) wish' but does not have any testamentary operation or intention, then this will is called as