Scribd Logo
Upload

Welcome to Scribd!

  • 22 views

    TA5E (Taxation Laws)

    Uploaded by

    V.Vidhya Vasini
    This document contains questions from a Taxation Laws exam for a Third Year LL.B. degree program. It covers topics like computation of income from house property, types of set-off and carry forward under the Income Tax Act, registration under the GST Act, capital gains, clubbing of income, customs duties, and calculating tax liability for various individuals based on their income and deductions. Students were asked to answer questions in short essay and long answer format covering different parts of the taxation laws.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    TA5E (Taxation Laws)

    Uploaded by

    V.Vidhya Vasini
    22 views2 pages
    This document contains questions from a Taxation Laws exam for a Third Year LL.B. degree program. It covers topics like computation of income from house property, types of set-off and carry forward under the Income Tax Act, registration under the GST Act, capital gains, clubbing of income, customs duties, and calculating tax liability for various individuals based on their income and deductions. Students were asked to answer questions in short essay and long answer format covering different parts of the taxation laws.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains questions from a Taxation Laws exam for a Third Year LL.B. degree program. It covers topics like computation of income from house property, types of set-off and carry forward under the Income Tax Act, registration under the GST Act, capital gains, clubbing of income, customs duties, and calculating tax liability for various individuals based on their income and deductions. Students were asked to answer questions in short essay and long answer format covering different parts of the taxation laws.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views2 pages

    TA5E (Taxation Laws)

    Uploaded by

    V.Vidhya Vasini
    This document contains questions from a Taxation Laws exam for a Third Year LL.B. degree program. It covers topics like computation of income from house property, types of set-off and carry forward under the Income Tax Act, registration under the GST Act, capital gains, clubbing of income, customs duties, and calculating tax liability for various individuals based on their income and deductions. Students were asked to answer questions in short essay and long answer format covering different parts of the taxation laws.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Register No.

    TA5E
    (For the candidates admitted during 2017 – 2018) 4662-20
    LL.B. DEGREE (SEMESTER) EXAMINATIONS, JANUARY 2021.
    (Three-year Regular Course)
    Third Year – Fifth Semester
    TAXATION LAWS
    Time : 2½ hours Maximum : 70 marks
    PART A — (2 × 12 = 24 marks)
    Answer TWO of the following in about 500 words each.

    1. Explain the provisions relating to computation of income under the head “Income
    from House Property”.

    2. State the evils of black money? How black money can be eradicated?

    3. Give an account of the various types of set–off and carry forward under the Income
    Tax Act?

    PART B — (2 × 7 = 14 marks)
    Answer TWO of the following in about 300 words each.

    4. Discuss in detail about the procedure for Registration under the Tamil Nadu Goods
    and Services Tax Act, 2017?

    5. Define Zero rated supply and Inter State supply.

    6. Discuss the important provisions of the Constitutional Law of India on Taxation.

    PART C — (5 × 4 = 20 marks)
    7. Write short notes on FIVE of the following:

    (a) Short term capital gain.

    (b) Single Point Tax.

    (c) Progressive Tax.

    (d) Clubbing of Income.


    (e) Seizure of goods under the Customs Act,1962.

    (f) Canons of Taxation.

    (g) Kinds of Duties under the Customs Act.

    PART D — (2 × 6 = 12 marks)
    Answer TWO of the following by referring to relevant provisions of Law. Give cogent reasons.

    8. State the maximum amount that can be deducted in Income Tax Act, 1961 for the
    assessment year 2019-2020.
    (a) Housing loan interest
    (b) Housing loan principal
    (c) Education loan interest and principal

    9. The salary details of ‘A’ for the previous year 2018–2019 is as follows:
    Rs.
    Basic pay 4,00,000
    D.A. 3,00,000
    House Rent Allowance 60,000
    City Compensatory Allowance 8,000
    He paid Rs.2,500/- toward Professional Tax, Rs.3,000/- as donation towards Kerala
    Puyal and Rs.3,000/- as donation towards Gajah Puyal and Rs.80,000/- towards
    Contributory Pension Scheme. Calculate the I.T. for the assessment year 2019-
    2020 under the Income Tax Act, 1961.
    ‘ ’ :

    4,00,000
    3,00,000
    60,000
    8,000
    /-

    10. Annual Income from house property of Mrs. Kamala is Rs.8,00,000/-. During
    previous year, she paid Rs.40,000/- as Municipal Tax and paid Rs.20,000/- as Water
    Tax. She paid Rs.2,00,000/- towards housing loan interest and principal
    Rs.1,00,000/-. Calculate the tax liability of Mrs.Kamala for the Assessment year
    2019-2020.

    ——————

    4662-20 /TA5E

    You might also like