Law of Taxation (K-2006) - May 2019 - CCSU LLB Old question paper

 LLB 2nd Semester Examination, May 2019

Law of Taxation 
(K-2006)

Section A

Note: Attempt all questions. Each question carries 4 marks

1. Assessee

2. Capital assets

3. Income

4. Unabsorbed depreciation

5. Previous year

Section B 

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

6. What do you understand by depreciation? How is the depreciation deduction availed while company income is from business or profession?

7. Explain different types of provident funds.

8. Discuss how the capital gains are calculated.

Section C

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

9. What are different incomes chargeable under income from other sources? 

10. Define salary. State with examples incomes which are included in salary.

11. How is residence of assessee determined for income tax purpose? Discuss effects of residence on income tax liability.

12. State briefly the history of income tax in India. 

13. State the exceptions to the rule that income tax is assessed on the income of previous year in the next assessment year.