File Details:

Questions:

1. Write short note on 'Exceptions to the Assessment Year'.
2. Distinguish between Tax Avoidance and Tax Planning.
3. Explain 'Integration of Agriculture Income' for computation of Tax as per Income Tax Act 1961.
4. Write short note on 'Rebate U/S 87A of Income Tax Act 1961'.
5. Write short note on clubbing provisions in case of 'Spouse'.
6. Explain various deductions and exemptions available under old tax regime, where section 115BAC is not opted.
7. Define Capital Asset. Also differentiate between long-term capital loss and short-term capital loss along with computation as per Income Tax Act 1961.
8. Explain set-off and carry forward of losses in case of speculative business loss, loss from house property, and loss from activity of owning and maintaining race horses.
9. Explain computation of 'NAV' as per Income Tax Act 1961 in case of let-out house property, self-occupied house property, and deemed to be let-out house property.
10. Compute the written down value of the block of plant and machinery and depreciation under section 32 for the assessment year 2023-24.
11. Explain the following deductions: Section 80 GG, Section 80 TTB, Section 80 CCD.
12. Explain computation of income from salary in case of rent-free accommodation, free use of car, and commuted pension if section 115BAC is not opted.
13. How is the residential status of an individual, company, and HUF determined for the assessment year 2023-24?