Law of Taxation (K-2006) - June 2022 - CCSU LLB Old question paper

 LLB 2nd Semester Examination, June 2022

Law of Taxation 
(K-2006)

Section A

Note: Attempt all questions. Each question carries 4 marks

1. Assessment Year

2. Define Agricultural Income.

3. What do you mean by Previous Year?

4. What do you mean by Annual Charge?

5. What do you mean by Casual Income?

Section B 

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

6. What do you mean by Capital Assets?

7. What do you mean by Tax and Fee and what is the difference between the two?

8. What is the basis of charge of Salary income as given in section 15 of Income Tax Act, 1961? 

Section C

Note: Attempt any three questions. Each question carries 20 marks

9. What do you mean by Depreciation? How is depreciation deduction availed while company income is from business or profession? Discuss.

10. Define word "Assets". State the properties which are not regarded as Assets for the purpose of wealth tax.

11. What do you mean by House Property? What are the standard deduction allowed while computing income from house property?

12. What is Agricultural Income? Define it with scheme of partial Integration of Agricultural Income".

13. What do you mean by Permanent Account Number? Under what matters is it necessary to quote Permanent Account Number? What provisions have been made under Income Tax Act 1961 in this regard?