ASSIGNMENT

DRIVE FALL 2013

PROGRAM/SEMESTER MBADS (SEM 3/SEM 5) / MBAN2 / MBAFLEX (SEM 3) /
PGDFMN (SEM 1)
SUBJECT CODE &
NAME
MF0012 & TAXATION MANAGEMENT
BK ID B1760
CREDIT 4
MARKS 60


Q.No Criteria Marks Total Marks
1
Explain the concept of tax planning and the factors to be considered in tax planning. Give the
difference between tax planning and tax evasion.

A
Concept of tax planning
Factors in tax planning
Differences between tax planning and tax evasion


2
3
5

10
2 Explain the process of tax payment.
A Explanation of whole process of tax payment
through:
Individuals
Partnerships
Companies



4
2
4

10
3 Write short notes on:
Capital gain
Cost of acquisition
Cost of improvement
Expenditure on transfer
Transfer

A Each short note carries 2 marks each-(5*2= 10
marks)

10 10
4 Explain the computations of Tax in two aspects given below:
Tax provision for Computation of Total income of firms
Computation of partnership firms book profit.
A Steps to be explained for the computation of total





income of firms
Steps for computation of partnership firms

5
5
10
5 Explain the service tax law in India. Give the concept of negative list.
A Introduction of service tax law in India
Concept of negative list

5
5

10
6 Identify and explain the major considerations in capital structure planning. Explain two
approaches in dividend policy and factors affecting dividend decisions.
A Major considerations in capital structure planning
Two approaches in dividend policy
Factors affecting dividend decisions

6
2
2


10
*A-Answer

Note Answer all questions. Kindly note that answers for 10 marks questions should be approximately of
400 words. Each question is followed by evaluation scheme.