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NEW QUESTION: 1
Section A (1 Mark)
Which of the following income is not exempt under section 10-IT Act 1961?
A. Bonus on life insurance
B. Share in total income of firm
C. Income from agriculture in Lahore
D. Income from mutual funds
Answer: C
Explanation:
Section C (4 Mark)

Mr. Bhatia, aged 43 is practicing as a Doctor at Nasik. His wife Mrs. Bhatia is a social worker. They reside in a flat they own along with their daughter Neena aged 9. Mr. Bhatia's elder sister is residing in Canada whom he has not met since last 5 years. His another elder sister resides in USA whom he has not met since last 8 years. Mr. Bhatia will continue active practice upto the age of 75. Looking at the history of his family life expectancies, Mr. Bhatia believes he would survive upto 85. His gross monthly income currently is Rs. 1,
45,000. Their monthly expenses are Rs. 25,000/-(including Personal expenses Rs. 5000) and they save about Rs. 35,000/- every month. Mr. Bhatia has total assets of Rs. 38.25 lacs and total outstanding liability for Medical Equipment and car of Rs. 12.45 lacs, which gives Mr. Bhatia net worth of Rs. 25.80 lacs estimated as on March 2008. His current investments are as follows:
Mr. Bhatia is a moderate risk taker and minimizes his tax through various schemes. He has a minimal exposure to equity instruments, as substantial portion of his investments is locked in Debt instruments. But he is aware of the fact that capital growth without investing in direct equity or equity mutual funds is difficult. In the current scenario, the economy is positive, with a growth of more than 9% and hence equity will yield excellent returns.
Objectives:
1.Mr. Bhatia and his wife would like to start saving for their daughter Neena's educational needs. They require Rs. 1,00,000 at her age of 15, 2 lacs when she is 16, and 8 lacs when she is 18 and 25 lacs when she is 21.
2.To provide Rs. 50 lacs for Neena's wedding at the age of 25.
3.To provide for vacations with the family to US & Canada, Middle East and Europe.
4.To provide a retirement corpus for a period of 10 years
5.Purchase a new car worth Rs. 15 lacs in nest 6 months.
6.To buy a property worth Rs. 1 crore nearby of RML hospital.

NEW QUESTION: 2
Your company has 500 client computers that run Windows 10.
You plan to deploy Microsoft Office 365 ProPlus to all the computers.
You create the following XML file for the planned deployment.

Use the drop-down menus to select the answer choice that completes each statement based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

NEW QUESTION: 3
What is the default session timeout in minutes for the Symantec eDiscovery Platform 8.0 web application?
A. 0
B. 1
C. 2
D. 3
Answer: B

NEW QUESTION: 4
You have a custom master page named MyApplication.master.
You need to apply MyApplication.master to only a custom application page in a SharePoint site. You must achieve the goal by using the minimum amount of effort.
What should you do?
A. Set the MasterPageFile attribute to ~/_layouts/MyApplication.master in the @Page directive of the custom application page.
B. Add a custom HTTP module to the Web application that modifies the custom application page.
C. Add a custom HTTP module to the Web application that modifies the master page.
D. Rename the custom application page as application.master and overwrite the default application.master page in the 14\TEMPLATE\LAYOUTS folder.
Answer: A
Explanation:
MNEMONIC RULE: "custom master page = MasterPageFile"
Using a Page Specific Master Page in SharePoint 2010 http://kjellsj.blogspot.com/2010/07/using-page-specific-master-page-in.html

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