CTEP Chartered Trust & Estate Planner® (CTEP®) Certification Examination

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Showing 13–15 of 20 questions

Question 13 (Volume D)

A trustee commuting a breach of trust not liable to pay interest except

C:\Pasban Work\Cert Paper Exams\AAFM\CTEP\sep 10\21397_CTEP_Sheet of New Tables_3002_image025.png

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  • (i) & (ii)

  • (ii) & (iii)

  • Only (ii)

  • All of the above

Question 14 (Volume B)

In case of self occupied property, higher deduction u/s24(b) for interest on loan for construction can be claimed if borrowing was made

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  • After 1/4/99

  • on or after 1/4/99

  • Before 1/4/99

  • On or after 1/9/2004

Question 15 (Volume A)

Which of the following statement(s) about Bequest is/are correct?

C:\Pasban Work\Cert Paper Exams\AAFM\CTEP\sep 10\5781_U1M4_15886_image009.png

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  • All except (iv)

  • All except (iii)

  • All (i),(ii),(iii) and (iv)

  • None of (i),(ii),(iii) and (iv)