Principles of Taxation (Bangladesh) Question Bank

About this question bank

Exam-standard multiple-choice practice for every chapter of the ICAB Certificate-Level Principles of Taxation syllabus, rebuilt for FY 2026-27 under the Finance Act 2026 (Act No. 96 of 2026). Multi-step scenarios on the new Tk 4 lakh slabs, the 10% / Tk 7.5 lakh investment rebate, turnover tax, the new return-filing windows, special rent income, associate-enterprise rules, wealth and environment surcharges, the startup tax sandbox, appeal deposits, VAT on imported services and the Customs Act 2023 free trade zones. No timer, worked explanations, unlimited retries.

What you'll practise

Chapters

1. Chapter 1: Sources and structure of Bangladesh income tax law

   Nature of income tax and canons of taxation, sources of law (Finance Acts, case law, NBR circulars), key definitions (person, AOP, AJP, PE), classes of assessee and residential status.
   20 Q
2. Chapter 2: Tax administration and the Taxes Appellate Tribunal

   The income tax authorities under the substituted section 4, their powers and jurisdiction, the Taxes Appellate Tribunal and alternative dispute resolution.
   20 Q
3. Chapter 3: Charge of income tax

   Charge and scope of total income, Finance Act 2026 rates, wealth and environment surcharges, turnover tax and final tax under section 163, retained-earnings and stock-dividend tax, deemed accrual.
   31 Q
4. Chapter 4: Income from employment

   Salary and perquisites, the employment exemption, group insurance, grossing up, tax deducted from salary, and the employee's investment rebate and tax computation.
   22 Q
5. Chapter 5: Income from financial asset

   Interest, dividends (including joint-venture distributions) and other income from financial assets, and their rates of tax.
   20 Q
6. Chapter 6: Income from rent

   House property incl. warehouses, gross rental value with service charges, allowable expenses, special rent income from deposits, advances and salami, and tax deducted from rent.
   23 Q
7. Chapter 7: Income from agriculture

   Agricultural income, the tea and rubber 60:40 split, deductions, inadmissible expenses and failure to deduct tax at source.
   20 Q
8. Chapter 8: Income from business

   Computation of business income: admissible and inadmissible expenses (entertainment, free samples, TDS failures), interest on associate loans, unpaid liabilities and capital vs revenue.
   23 Q
9. Chapter 9: Capital gain

   Capital assets, computation of capital gain, joint-development (specified) agreements, personal gold and club memberships, and conversion of a firm into a company.
   20 Q
10. Chapter 10: Income from other sources

    Residual income, unexplained cash loans and their later repayment, and exempt income shown in a revised return.
    20 Q
11. Chapter 11: Depreciation allowances

    Normal, initial and accelerated depreciation, balancing charge and the excess over cost on disposal.
    20 Q
12. Chapter 12: Set off and carry forward of losses

    Intra- and inter-head set-off, losses of exempt or final-tax sources, the six-year carry-forward, speculation losses and successor businesses.
    20 Q
13. Chapter 13: Exemption and allowances

    Sixth Schedule exemptions, the section 78 investment rebate (10% / 3% / Tk 7.5 lakh), SME and startup-sandbox reliefs and the zakat exemption.
    20 Q
14. Chapter 14: Deduction or collection of tax at source

    TDS and TCS after the Finance Act 2026: dividends, gold, retail sellers, clubs, LCs, brick kilns, vehicles, prizes, property transfers, and the duties of specified persons.
    22 Q
15. Chapter 15: Advance payment of tax

    Who must pay advance tax, the instalments, revised estimates and the treatment of excess advance tax.
    20 Q
16. Chapter 16: Return of income

    Who must file, the section 170 filing windows, incentives and additional tax, late and revised returns, statements of assets and life-style, and PSR.
    26 Q
17. Chapter 17: Assessment

    Self, provisional and best-judgement assessment, incomplete returns, hearing notices, escaped income and limitation for assessment.
    20 Q
18. Chapter 18: Assessment of individuals

    Computing an individual's total income and tax: thresholds for special categories, slab rates, minimum tax, marginal and average rates, non-resident individuals.
    20 Q
19. Chapter 19: Assessment of partnership firms

    Assessment of firms, their rates, losses, partners' shares and the audit requirement.
    20 Q
20. Chapter 20: Assessment of companies

    Company tax rates (listed, banks, mobile operators, tobacco, branches), the bank-transfer condition and the inclusive-employment rebate.
    20 Q
21. Chapter 21: Liability in special cases and assessment of non-residents

    Representatives, legal heirs and agents, dissolution of firms, and the final tax of non-residents without a permanent establishment.
    20 Q
22. Chapter 22: Special provisions relating to avoidance of tax

    Transactions and transfers designed to avoid tax, and the tax clearance certificate.
    20 Q
23. Chapter 23: Powers of income tax authorities including search and seizure

    Tax intelligence and investigation, search and seizure, custody and application of seized assets, and digital access to data.
    20 Q
24. Chapter 24: Penalty and prosecution

    Penalties under the Act and the initiation of prosecution.
    20 Q
25. Chapter 25: Recovery of tax

    Notice of demand, certificate proceedings and the Tax Recovery Officer.
    20 Q
26. Chapter 26: Double taxation relief

    Tax treaties, treaty withholding rates and relief for income arising outside Bangladesh.
    20 Q
27. Chapter 27: Transfer pricing

    Associated enterprises, international transactions, the arm's length price and transfer-pricing assessments.
    20 Q
28. Chapter 28: Refunds

    Entitlement to refund, processing time limits and the consequences of delayed refunds.
    20 Q
29. Chapter 29: Appeal and reference

    Appeals to the Commissioner (Appeals) and the Tribunal, deposits, set-aside orders, reference to the High Court Division and rectification.
    20 Q
30. Chapter 30: Ethics

    Fundamental principles, threats and safeguards, confidentiality and its exceptions, tax evasion vs avoidance in professional practice.
    20 Q
31. Chapter 31: Tax planning

    Choosing business structures and arrangements within the law to lower tax.
    20 Q
32. Chapter 32: Gift tax

    Meaning and valuation of gift, gift tax authorities, return, rates and exemptions.
    20 Q
33. Chapter 33: Value Added Tax

    VAT and SD Act 2012 after the Finance Act 2026: imported services, input-tax restrictions, turnover tax, returns, supplementary duty, penalties and appeals.
    27 Q
34. Chapter 34: Customs

    Customs Act 2023 and the Customs Tariff, free trade zones, and the import-stage build-up of duties and taxes.
    20 Q