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?
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