Principles of Taxation Mock Test 7 — Certificate Level
50 questions · 1.5 hours · 100 marks
About this mock test
Rewritten for the Finance Act 2026 (income year 2026-27). An ICAB exam-standard secured mock test for Certificate-Level Principles of Taxation (Bangladesh), with hard, mostly computational questions. Section A is two business cases: a partnership firm's accounting profit to tax payable (partners' remuneration, the 1% promotional and 0.5% foreign-travel limits, accelerated and Third Schedule depreciation, six-year loss set-off, a land gain within 5 years, turnover-tax test and credits), and a resort company's depreciation, 10% royalty limit, 4% entertainment limit and the section 56 charge for tax not deducted. Section B is 40 short questions (multiple-choice, true/false and fill-in-the-blank) across business disallowances, turnover tax, surcharges, employment, rent, capital gains, filing windows, VAT and customs. 50 questions × 2 marks = 100 full marks. Free navigation: jump to any question from the navigation panel, flag questions and come back to them before you submit.
What you'll attempt
Exam rules
- Locked navigation. You can skip a question and come back using the Previous / Next buttons — but question numbers are not clickable, preventing early inspection of later questions.
- The 90-minute timer starts the moment you click Start and cannot be paused. The exam auto-submits at zero.
- Copy, paste, right-click, dev-tools and tab-switching are disabled and logged as security violations.