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UGC NET Basic concepts Previous Year Questions

JRFSmart holds 42 previous-year questions on Basic concepts from UGC NET Commerce (Paper 2), filed under Unit 10: Income-tax and Corporate Tax Planning, drawn from 21 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.

42Questions
21 of 22Papers containing it
HighFrequency
2018–2025Years covered

What is asked in Basic concepts

The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.

SubtopicQuestions
Agricultural income3
Partial integration of agricultural income2
Tax liability with agricultural income2
Residential status of companies1
Computation of gross total income1
Residential status1
Assessment year, assessee and rounding off1
Sequence for computing gross total income1
Exempt incomes - sections of section 101
Pin money1
Previous year and assessment year1
Income-tax terminology1

NTA repeat analysis

Basic concepts appears in 21 of 22 papers (95%), which JRFSmart rates as high frequency.

2 questions in this topic have been verified as repeated in more than one paper.

Sample previous-year questions

Rates of Income Tax under new regime applicable for financial year 2021-22 in India are: A. 5% B. 10% C. 12% D. 15% E. 20% Choose the correct answer from the options given below:

November 2022Asked 2 times

If the assessee is engaged in the business of growing and manufacturing tea in India, the agriculture income in that case shall be:

November 2022Asked 2 times

Which of the following statements is correct? A. If a company is an Indian company, then it will automatically be considered a domestic company. B. Foreign company means a company which is not a domestic company. C. The residential status of an Indian…

June 2025

The scheme of partial integration of tax or non-agricultural income with income derived from agriculture is applicable if an individual has:

June 2025

Arrange the following points step by step regarding computation of Gross Total Income: A. Computation of Gross Total Income B. Set off and carry forward of Losses C. Clubbing of Income of spouse, minor child etc D. Computation of Income under each head of…

January 2025

Bret Lee, an Australian cricket player visits India for 100 days in every financial year. This has been his practice for the past 10 financial years. Find out his residential status for the Assessment Year 2023-24.

January 2025

Identify which of the following statements are True: A. Assessment Year means the period of 12 months commencing on the first day of April every year. B. Rounding off of total income is defined under Section 288B of the Income Tax Act. C. Rounding off of tax…

January 2025

For assessment year 2025-26, 'Health and Education Cess' shall be levied at the rate of :

December 2025

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Related topics in this unit

Assessment procedureCorporate tax planningIncome from salaryTDS and advance taxDeductions under Chapter VI-AProfits and gains of businessIncome from house propertyDouble taxation relief
All of Income-tax and Corporate Tax PlanningUGC NET Commerce unitsSearch Basic concepts