File Details:
{"file_name":"llb-2-sem-law-of-taxation-12212-may-2015.pdf","subject":"Law of Taxation","exam_year":"2015","language":["English"],"time_allocated":"3 Hours","maximum_marks":100}
Questions:
- Classify assesses according to status and residence.
- Define 'Previous Year'.
- What is 'Gross Total Income'?
- Explain the word 'Person'.
- What is 'belated return'?
- What are the tests to determine the residential status of an individual?
- Explain the transactions which are excluded from the meaning of 'transfer' for the purposes of capital gains.
- What do you understand by Self Assessment?
- Define 'Salary'. State with examples incomes which are included in salary.
- Tax evasion is violation of law while the tax avoidance is not. Discuss. What are the provisions in Income-Tax Act, 1961 to cope with tax avoidance?
- Amendments in Income Tax Law have been so frequent that it is beyond common man's approach. Comment on the relevance of this statement.
- Explain the meaning of 'annual value' of the house property. How is the annual value determined?
- What are 'Capital Gains'? Discuss in detail.
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