The Bhawanipur Education Society College

Department of Commerce
PRACTICAL EXAMINATION, 2021
SEMESTER - VI
SUB: Computerised Accounting and e-Filing of Tax Returns (SEC 6.1 Chg)
FULL MARKS: 80
Time: 2 hours 2 X 40

1. Which option from Company Info. Menu is selected to create a new Company in Tally
a) Company Create
b) Create Company
c) Create
d) New Company

2. Which of the following is the correct entry for Advance Payments made to Creditors?
a) Debit Cash/Bank A/c and Credit Creditors A/c
b) Debit Creditors A/c and Credit Cash/Bank A/c
c) Debit Creditors A/c and Credit Liabilities A/c
d) Debit Assets A/c and Credit Cash/Bank A/c

3. A ___________ is a list that depicts the accounts that a business uses to record
transactions in its books of accounts.
a) Chart of Accounts
b) Ledgers
c) Groups
d) List of Ledgers

4. Which of the following ledgers falls under Current Liability head?

a) Land & Building
b) Goodwill
c) Stationary Expense
d) Payables

5. Rajesh Enterprises sold 12 dozen chalk boxes, each containing 100 chalks, to Radha
on July 02,2018. Which type of unit of measure will you create in Tally to record the
above entry?
a) Complex b) Simple c) Compound d) Triple

6. ___________ offers a parallel classification to stock items in Tally.ERP 9.

a) Stock Group b) Stock Item c) Stock Category d) Units of Measure

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7. The return of income is to be furnished in
a) ITNS 281
b) Form 26AS
c) Form 26Q
d) ITR 1 to 7 (as the case may be)

8. What is the due date for filing of return for individuals?

a) 31st July b) 31st August c) 30th September d) 31st October

9. Which one of the following is considered as the annual statement maintained for
disclosing the details of tax credit in a tax payer’s account as per Income Tax
department?
a) ITR V b) Form 26AS c) Bank Passbook d) None of these

10. Which key in DBMS is used to create a referential integrity?

a) Primary Key b) Composite Key c) Candidate Key d) Foreign Key

11. Which of the following provides the ability to query information from the database
and insert tuples into, delete tuples from, and modify tuples in the database?
a) DML(Data Manipulation Language)
b) DDL(Data Definition Language)
c) Query
d) Relational Schema

12. In Tally.ERP 9 Journal Voucher is used for recording______________?

a) Adjusting Entries
b) Unique Financial Transactions
c) Both (a) & (b)
d) None of the above

13. Nandini Joshi hired Meena Kumari as an Accountant on a monthly salary of Rs.
10,000 in her company. Which of the following accounting voucher entries will you
pass in Tally.ERP 9 for the hiring activity?
a) Record a receipt voucher entry
b) Record a payment voucher
c) Record a contra voucher
d) Record no voucher entry as it is not an accounting transaction

14. Bad debts details can be extracted from which of the following reports in Tally.ERP 9?
a) Stock Ageing Report
b) Ageing Analysis Report
c) Cost Ageing Report
d) Not Available in Tally

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15. Rajesh received a payment of ₹5000 against a pending invoice. However, he was
unable to decide against which bill the payment was received. In Tally ERP 9, he
should account the payment as?
a) New Reference
b) Against Reference
c) Advance
d) On Account

16. For filing returns of AY 2020-2021, which of the following utilities will be required for
uploading the XML file on the Income Tax portal?
a) Word utility
b) Excel utility
c) Java utility
d) Either b or c

17. Which of the following is not a benefit of e-filing of income tax returns?
a) Accuracy is ensured.
b) Increase in paper work.
c) Tax can be paid online by taxpayers.
d) Processing of return can be monitored.

18. The carry forward of losses is permissible if the return of income for the year is ____.
a) filed on time
b) not filed on time
c) filed in advance
d) None of the above

19. Read the Query carefully:

SELECT emp_name  FROM department  WHERE dept_name LIKE ' _____ Computer 
Science';  
In the above-given Query, which of the following can be placed in the Query's blank
portion to select the "dept_name" that also contains Computer Science as its ending
string?
a) & b) _ c) % d) $

20. SELECT name FROM instructor1 WHERE salary <= 100000 AND salary >= 90000;  

The given Query can be replaced with ____________:
a) SELECT name FROM instructor1 WHERE salary BETWEEN 100000 AND 90000  
b) SELECT name FROM instructor| WHERE salary BETWEEN 90000 AND 100000;  
c) SELECT name FROM instructor1 WHERE salary BETWEEN 90000 AND 100000;  
d) SELECT name FROM instructor! WHERE salary <= 90000 AND salary>=100000;  

21. Which of the following is not a Financial Statement?

a) Cash Flow Statements
b) Profit & Loss Account
c) Balance Sheet
d) Ledger

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22. Which of the following report displays the performance of the company in the form
of ratio?
a) Balance Sheet
b) Profit & Loss Account
c) Ratio Analysis
d) Trial Balance

23. Intrastate transactions attract which GST tax?

a) Central and State Tax
b) Only State Tax
c) Only Central Tax
d) Integrated Tax

24. In Tally.ERP 9 which voucher is recorded to bring the input credit closing balance as
opening balance?
a) Debit Note b) Credit Note c) Sales d) Journal

25. Taxpayers with total income of more than _________ shall furnish the return of
income electronically with or without digital signature.
a) ₹. 5,00,000
b) ₹. 10,00,000
c) ₹. 15,00,000
d) ₹. 25,00,000

26. ____________ is the acknowledgement of filing the return of income

a) ITR 4
b) ITR V
c) Form 26AS
d) Form 26QB

27. What is the benefit of filing an income tax return?

a) Income Proof
b) Claim of Income Tax Refund
c) Avoid Penalty and Prosecution
d) All of the above

28. Which one of the following refers to the copies of the same data (or information)
occupying the memory space at multiple places.
a) Data Repository
b) Data Inconsistency
c) Data Mining
d) Data Redundancy

29. Which one of the following is a type of Data Manipulation Command?

a) Create b) Alter c) Delete d) All of the above

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30. If PAN number is not available, then the TDS will be deducted at ___________
percentage?
a) 10% b) 20% c) 30% d) 50%

31. TDS Duty amount deducted will reflect in Balance Sheet under the head _________?
a) Current Liabilities
b) Current Assets
c) Indirect Expenses
d) Indirect Incomes

32. To hide the name of the Company you need to define

a) Security Control
b) Tally audit
c) Tally Vault Password
d) Create at least one user

33. “Allow Component list details (Bills of Materials)” option is activated for
a) Ledgers
b) Cost Category
c) Budgets
d) Stock Items

34. We can use Stock Journal for

a) Production and Consumption
b) Inter Godown transfer for Stock
c) Both (a) & (b)
d) None of these

35. As per Income Tax Act, deductions under section 80C to 80U cannot exceed ______.
a) Income from Business or Profession
b) Income from Salary, House property and Other Sources
c) Gross Total Income
d) Total Income

36. Every person whose estimated tax liability for the year is more than or equal to
___________ is liable to pay advance tax.
a) ₹. 5,000
b) ₹. 10,000
c) ₹. 15,000
d) ₹. 20,000

37. The maximum aggregate amount of deduction under sections 80C, 80CCC and 80CCD
cannot exceed _______________.
a) ₹. 1,00,000
b) ₹. 1,10,000
c) ₹. 1,50,000
d) ₹. 2,00,000

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38. Return filed after the due date is called __________ .
a) Revised Return
b) Belated Return
c) Best Return
d) Defective Return

39. Which of the following command is a type of Data Definition language command?
a) Create b) Update c) Delete d) Merge

40. Which of the following refers to the number of attributes in a relation?

a) Cardinality b) Degree c) Column d) All of the above

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