Mumbai University Solved Question Papers
Taxation Laws
Previous Year Question Paper with Solution
LLB 3 years · Sem 4
May 2017 Examination
munotes.in
Mumbai
LLB 3 years Sem 4 Taxation Laws May 2017 Question Paper with Solutions
Get access to whole semester resourcesSemester Pass
MU law student group
Free to join
First published on munotes.in on 24 October 2026.
Published by munotes.in, Mumbai.
Model answers written and edited by the munotes.in editorial desk.
Passages from this volume may be quoted, in print, online or by an AI system, with credit: name munotes.in and link to this volume's page. The volume may not be reproduced as a whole. Full terms at munotes.in/content-license.
munotes.in is an independent study resource for students of the University of Mumbai. It is not affiliated with the University of Mumbai, and is not endorsed by it.
The University does not publish an official answer key for this paper. The answers in this volume are model answers, written to show how a full-mark answer is built. They are a study aid, not an authority on what an examiner marked.
The question paper reproduced here is the paper as set by the University of Mumbai at the May 2017 examination.
The law in these answers is stated as at October 2026. The Income-tax Act, 2025 replaced the Act of 1961 from 1 April 2026; each answer gives the 1961 section the paper asks for, with the 2025 section beside it. No wealth-tax is charged for the assessment year 2016-17 or any later year (section 3(2) of the Wealth-tax Act, as amended in 2015). Since 1 July 2017 the Maharashtra VAT Act covers only liquor and a few petroleum products, and the Central Sales Tax Act six goods; other goods are taxed under the GST Acts of 2017. The central sales tax rate on sales against Form C has been 2 per cent since 1 June 2008, though section 8(1) still prints 3 per cent. The standard deduction from salary, withdrawn from 2005-06 to 2018-19, is now Rs 50,000, or Rs 75,000 under the new regime.
Contents
The questions below are the paper as the University of Mumbai set it at the May 2017 examination, in the order it was set.
MarksPage
MarksPage
The Paper as Set
The questions in this volume are the questions asked at the May 2017 examination, reproduced as the University of Mumbai set them, in the order it set them. Nothing has been reworded, added or left out. Only the answers are ours. See the original question paper.
Duration 3 hours · Total marks 100 · 25 questions answered
Instructions printed on the paper
- N.B: 1. Answer the questions as per instruction. 2. Figures to the right indicate full marks allotted.
How to use this volume
Solve the paper first, under exam conditions and against the clock. Then read the answers here and mark your own. Reading a solution before attempting the question feels productive and teaches very little, because recognising an answer is not the same as being able to write one.
Q.1
Q.1: Write short answers, not more than two sentences
20 Marks - 2 marks each
(a)Define "Assessee" under the Income Tax Act.[2]
Answer
Section 2(7) of the Income-tax Act, 1961 defines an assessee as "a person by whom any tax or any other sum of money is payable under this Act". The definition then includes three more classes:
- Every person against whom a proceeding has been taken to assess his income, or another's income for which he is assessable. The same holds for a proceeding about his loss or a refund due to him. A person can be an assessee even if no tax turns out to be payable.
- A deemed assessee. The Act treats some persons as assessees for the income of others. The legal representative of a dead person (section 159) is one. So is a representative assessee, such as the guardian of a minor or the agent of a non-resident (section 160).
- An assessee in default. A person who fails to pay what the Act requires is deemed an assessee in default. An employer who does not deduct or pay tax at source is one (section 201). So is a person who does not pay a demand (section 220(4)).
Person and assessee. A "person" (section 2(31)) becomes an assessee only when tax or another sum is payable by him, or a proceeding is taken against him.
Example. A student whose income is below the taxable limit is a person, not an assessee. If the Assessing Officer issues him a notice to assess his income, he becomes an assessee.
The 2025 Act. Section 2(11) of the Income-tax Act, 2025 gives the same definition.
The rest of the answers
The first answer is free. The rest come with the LL.B. 3 Years Semester 4 solved papers.
You have read the question paper and its first answer in full. Buy the solved papers once and you can read every answer of every solved paper in this semester.
Notes + Solved papers: ₹798 Already bought it? Sign in
Or solved papers only: ₹499
Or notes only: ₹499
The question paper itself stays free, and so does the syllabus.
Found an error in this volume? Report it and we will check it against the paper.