LL.B. (Three Years) Sem 4 Taxation Laws Nov 2010 Question Paper - Mumbai University | munotes
MU law student group
Free to join
Loading PDF...
Older exam
None: this is the earliest we hold
Newer exam
Apr 2011
Semester-end · Taxation Laws
→
Questions asked in this paper
(3 Hours) [Total Marks: 100 Act
(N.S. : Answer the questions as per instt ucticna.)
1, Write short answers (N9t more than two sentences) :- What
(a) Define "Persol" under the IT Act. is set
(b) Define "Importer" under the MVAT Act. under
(c) When a house property is considered as "deemed let.out property" ? the
(d) What is valuation date under the WT Act? VAT
(e) What is the crossing of custom frontier of India under CST Act? Act?
(f) What is the transfer of document of title under the CST Act?
(g) State how the residential status of a firm is determined under the IT
do you ate state under CTS Act
mean by (e) Income
"tax free (f) Capital Asset under IT Act
under 3, Solve: the following with reasons (any two) :
VAT Act (a) Mr. Areceived a gift of money of Rs. 1,00,000 from his find Mr. State
whether the above amount is taxable as income. What would be the
Def position if Mr. had been a relative of Mr. A?
e" under (b) State whether the following persons are treated as "dealer" under the
2 (i) Agriculturist cultivating land personally and selling agricultural
i (c) State whether the following transactions are regarded as sale under 20
t the MVAT Act
(i) Sale of shares through stock exchange
(ii) Delivery of goods under hire purchase system
4. Answer the following elaboratory (any four) :
t (a) Discuss the income taxable under the head "salaries". What are the
n deductions available while computing income under this head? 2
(b) Discuss the penalties and offences under the MVAT Act
e (c) Explain "Net Taxable Wealth" under WT Act
s (d) Discuss the provisions relating to registration under MVAT Act
( (e) Explain sale or purchase outside the state and sale or purchase in the
a course of import or export under the CST Act
y (f) State and explain any three deductions from Gross Total income under
(N.S. : Answer the questions as per instt ucticna.)
1, Write short answers (N9t more than two sentences) :- What
(a) Define "Persol" under the IT Act. is set
(b) Define "Importer" under the MVAT Act. under
(c) When a house property is considered as "deemed let.out property" ? the
(d) What is valuation date under the WT Act? VAT
(e) What is the crossing of custom frontier of India under CST Act? Act?
(f) What is the transfer of document of title under the CST Act?
(g) State how the residential status of a firm is determined under the IT
do you ate state under CTS Act
mean by (e) Income
"tax free (f) Capital Asset under IT Act
under 3, Solve: the following with reasons (any two) :
VAT Act (a) Mr. Areceived a gift of money of Rs. 1,00,000 from his find Mr. State
whether the above amount is taxable as income. What would be the
Def position if Mr. had been a relative of Mr. A?
e" under (b) State whether the following persons are treated as "dealer" under the
2 (i) Agriculturist cultivating land personally and selling agricultural
i (c) State whether the following transactions are regarded as sale under 20
t the MVAT Act
(i) Sale of shares through stock exchange
(ii) Delivery of goods under hire purchase system
4. Answer the following elaboratory (any four) :
t (a) Discuss the income taxable under the head "salaries". What are the
n deductions available while computing income under this head? 2
(b) Discuss the penalties and offences under the MVAT Act
e (c) Explain "Net Taxable Wealth" under WT Act
s (d) Discuss the provisions relating to registration under MVAT Act
( (e) Explain sale or purchase outside the state and sale or purchase in the
a course of import or export under the CST Act
y (f) State and explain any three deductions from Gross Total income under
Read from the scan above, so a character or two may differ. The scan is the original.
Something wrong on this page? Report it and we will check it against the scan.
Quick Help
No. The full paper opens straight away, with no login and nothing to pay.
Related Resources
Something wrong with this paper? Report it.
Connected Papers
LL.B. (Three Years) / Sem 4 · 120 papers
May 2024 - II 60/40
May 2024 - II 75/25
Oct 2024 - II 75/25
June 2023 - II
Nov 2023 - II 60/40
2021-22
Nov 2022 - II
May 2019 - II
Nov 2019 - II
June 2018 - II
Dec 2018 - II
May 2017 - II
Nov 2016 - II
May 2016 - II
Apr 2015 - II
Nov 2015 - II
Apr 2014 - II
Nov 2014 - II
Nov 2013 - II
May 2012 - II
Dec 2012 - II
Apr 2011 - II
Nov 2011 - II
Nov 2010 - II
Questions? Email contact@munotes.in
Done!