B.A. LL.B. (Five Years) Sem 7 Law of Taxation 2012 Jun Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) What is meant by exempted income ? Give fifteen examples of such income.
   Read the model answer
2. Q1 OR Explain which incomes are included under the head Income from "other sources".
   Read the model answer
3. Q1 (b) 'A' resident in India, receives Rs. 6 lakhs from Agricultural land situated in Sri Lanka. How this income is treated under the Income Tax Act ?
   Read the model answer
4. Q1 OR Write a note on short term capital gain.
   Read the model answer

UNIT - II

1. Q2 (a) Discuss the provisions of Income Tax Act, relating Appeal to the Income Tax Appellate tribunal.
   Read the model answer
2. Q2 OR "Certain assets of others are included for determining the Net wealth of an Individual under the Wealth Tax Act". Elucidate.
   Read the model answer
3. Q2 (b) Write a note on Refund of Tax (I. T. Act).
   Read the model answer
4. Q2 OR Comment on Revision powers of Commissioner. (I. T. Act).
   Read the model answer

UNIT - III

1. Q3 (a) Explain the provisions relating to valuation of Excisable goods for the purpose of charging Excise duty.
   Read the model answer
2. Q3 OR "Duties specified in the schedule to the Central Excise Tariff Act, 1985 shall be levied". Explain.
   Read the model answer
3. Q3 (b) Write a note on manufacture.
   Read the model answer
4. Q3 OR Make a note on Registration of certain persons.
   Read the model answer

UNIT - IV

1. Q4 (a) Discuss the provisions under the Customs Act relating to Dutiable goods and valuation of goods.
   Read the model answer
2. Q4 OR Explain the provisions relating to Assessment of duty under the Customs Act.
   Read the model answer
3. Q4 (b) Write a note on appointment and powers of Customs Officers.
   Read the model answer
4. Q4 OR Explain goods and prohibited goods (Customs Act).
   Read the model answer

UNIT - V

1. Q5 (a) Briefly explain the provisions relating to Registration of Dealer Under the C.S.T. Act.
   Read the model answer
2. Q5 OR When is a sale or purchase of goods said to be sale or purchase made in the course of Export or Import under the C. S. T. Act ?
   Read the model answer
3. Q5 (b) Discuss on determination of turn over (C. S. T.).
   Read the model answer
4. Q5 OR Write a brief note on special features of V.A.T.
   Read the model answer

Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.