B.A. LL.B. (Five Years) Sem 7 Law of Taxation 2018 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 What is annual value ? How it is determined ?
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2. Q2 Explain which incomes are included under the head income from "Other sources".
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3. Q3 Explain the provisions relating to deductions of tax at source.
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4. Q4 What is depreciation ? What are the expenses and payments disallowed while computing income from business and profession ? Explain.
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5. Q5 Explain the circumstances under which incomes of other person are included in the total income of assessee.
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6. Q6 Define CGST and SGST. Explain levy and collection of GST on supply.
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7. Q7 What is baggage ? Explain the provisions of the Customs Act, relating to baggage.
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Write notes on any two of the following :

1. Q8 (a) Tax evasion and tax avoidance.
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2. Q8 (b) Advance payment of tax.
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3. Q8 (c) Perquisites.
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Answer any two of the following :

1. Q9 (a) 'A' an employee received Uniform allowance from the employer. Is it taxable income ?
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2. Q9 (b) Explain the rules determining the residential status of an individual assessee.
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3. Q9 (c) Give a format determining the taxable income from salary.
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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.