File Details:

Questions:

1. Write short note on Deemed Assessee.
2. What is the difference between Business and Profession?
3. Write any three exempted incomes from tax.
4. What are the depreciation rates applicable on building?
5. What do you mean by Capital Gain? Differentiate between Long-term Capital Gain and Short-term Capital Gain.
6. Discuss the provisions of deduction under Section 80D.
7. Discuss the provisions of deductions under Section 80C and Section 80G.
8. What do you mean by income? Also write the different heads of income.
9. What are Perquisites? State the various perquisites which can be provided to an employee. Also differentiate Perquisites with Allowance.
10. What do you understand by set-off of losses? Discuss the provisions of carry forward and set-off of losses.
11. Write short notes on Residential status, Income from other sources, and Annual value.
12. Differentiate between Tax Planning and Tax Avoidance, Tax Avoidance and Tax Evasion, Tax Planning and Tax Management.
13. What do you understand by Agricultural Income? Also explain the various kinds of agricultural income in detail.