CCSU BA LLB - Law of Taxation - 2021 - Old question paper

BA LLB 10th Semester Examination, June 2021
Law of Taxation
(BL-912)

Section A
Note: Attempt all questions. Each question carries 4 marks

1. Define Tax Management.
2. Return of Political Parties.
3. Assessee
4. Capital Assets
5. What is Exemption under section 80G of Income Tax Act?

Section B
Note: Attempt any two question. Each question carries 10 marks

6. Define dividend and explain the provisions of the assessment of dividend income.
7. What do you understand by depreciation? How is the depreciation availed while company income is from business or profession? Discuss.
8. How are capital gains calculated?

Section C
Note: Attempt any three question. Each question carries 20 marks

9. What do you mean by Business and profession? Discuss the taxable incomes under the head income from business and profession.
10. What are different income chargeable under income from other sources?
11. Discuss in detail law relating to tax evasion. What action can be taken by the income tax department in this context?
12. State the exceptions of the rule that income tax is assessed on the income of previous year in the next assessment year.
13. How is residence of assessee determined for income tax purposes? Discuss effect of residence on income tax liability.