qe! 24 hours Maximum : 70 marks PART A_ (2x 12-04 marks) Answer TWO of the following in about 500 words each, 1, Define Tax. Distinguish Tax a we nd Fee, Di . taxes with its advantages any Discuss about different types of disadvantages. y, Explain “Income” and “Exempted Income” . Examine the i hich fall under the head of income from salary. ine the income whic! 3, Income of certain other persons should also be included in the assessee’s total income. Examine the statement, PART B— (2x 7= 14 marks) Answer TWO of the following in about 300 words each. 4, Analyse about the canons of taxation. 6, Explain the following : (a) Let out property under income from house property () Self occupied property under income from house property 6. Explain about the assessment of special class assessee. PART C — (5 x 4= 20 marks) 1. Write short notes on FIVE of the following : (a) Finance bill and Finance Act (b) Agricultural income (© Income from Business P.7.0]8. Income from other sources wis 80C's (80C, 8060; 80CCO) (d@) (@) Deduction (Self. Assessment horities under TN VAT Act 2006. (g) Aut = 12 marks) PART D— (2x6 yy referring to the relevant provisions of law. ‘Answer TWO of the following b Give cogent reasons. Decide how the following particulars will be assessed under the Income Tax Act. (a) Mr. Apaid Rs.65,000 p.a. as Medical insurance premium. (b) Mr. X contributed Rs.1,00,000 to a political party () Mr. Zreceived Rs.6,75,000 as royalty on patent. ‘The Income and Expenditure particulars of Mrs. A during the previous year 2015-16 are as follows : Income : (a) Basic Salary (b) Dearness allowance Rs.10,00,000 (p.a.) Rs.2,00,000 (p.a) Rs.1,00,000 (p.a.) Rs.10,00,000 (p.a.) (c) HRA (House Rent Allowance) (da) Income from agriculture (ce) Winning from reality show Rs.3,00,000 Expenditure : (a) Payment toward LIC premium _ Rs.2,00,000 @.a.) (b) Contribution for PF Rs.2,00,000 (p.a) 2,00, 2) (c) Expenses for Medical treatment Rs.60,000 (a) Tuition fee Rs 1 -1,00,000 (©) Contribution to P.M, Relief fund Rs.50,001 8.50,000 Calculate the taxable j - u 2016 — 2017. come of Mrs. A for the assessment year 2 H 1065& git March 2016, Mr. R has the following assets 3 houses each worth about Rs.75, lakhs at Chennai. One ship valued Rs. One crore Four cars each worth about Rs.10 lakhs Cash in hand Rs. One lakh. Mr. B is residing in Nagerkoil at own house worth about Rs.85 lakhs and borrowed Rs.75 lakhs from his friend who is in London. Calculate the wealth tax of Mr. B for the assessment year 2016 - 2017.Register No, CLT —— 1} fT (SEMESTE S, APRIL 2018, ms (For the candidates admitted from 2011 to 2013) Fifth Year — Ninth Semester LAW OF TAXATION :24 hours Time : 25 Maximum : 70 marks PART A — (2x 12=24 marks) Answer TWO of the following in about 500 words each. Explain the scope of residential status of person and their liability to pay tax according to the Income Tax Act, 1961. Give an account of the deduction available under the head business income while computing the taxable income under the Income Tax Act, 1961. Discuss various types of assessment under the Central Goods and Service Tax Act, 2017. PART B— (2x7 = 14 marks) ‘Answer TWO of the following in about 300 words each. 4. Discuss the stages of arriving at annual value under the head income from House Property. 5. Discuss in brief various authorities under the Income Tax Act, 1961. 6. Define business under the Tamilnadu State Goods and Services Tax Act, 2017. [P.7.0,]7. 8. (a) () ©) @) ©) Write short notes on F PART C —(5* 4= 20 marks) IVE of the following. Control and Management Profit-in-lieu of Salary. Short term Capital Asset. Income from horce race. Minor’s income. Input Tax credit. Compulsory registration under the Central Goods and Services Tax Act 2017. PART D — (2x 6 = 12 marks) Answer TWO of the following by referring to the relevant provisions of law. (a) (b) Give cogent reasons. Advise your client in the following circumstances. A undertakes funeral services. He transports deceased persons to funeral places. Decide whether this amounts to supply of service or not. Ais a driver employed by B. He cleans the car of B. Decide whether this amounts to supply of services. State with reasons how the following attract income tax in India at the hands of the recipient. (a) (b) © Income from House property of a political party. Fami ‘i : i Pension received by the widow of a member of the armed Contribution to National Pension Scheme. 2 #H 1597r 5+ isa Government employee. His salar 5 fi : ; en ry for the previous year 2017 - 18 @ Basic pay Rs. 4,80,000/- ) (9 House Rent Allowances Rs. 1,20,000/- Dearness Allowance Rs. 2,40,000/- @ City Compensation Allowance Rs. 60,000/- His expenses is as follows (i) House Rent paid Rs. 1,80,000/- Gi) LIC premium Rs. 80,000/- (ii) Provident Fund Rs. 60,000/- Calculate the taxable income for the previous year 2017 — 18. H 1597HZA/HBEA B.A., B.L. (HONS.)/B.Com.,B.L. (Hons.) DEGREE (SEMESTER) EXAMINATIONS, NOVEMBER 2017. (For the candidates admitted from 2011 to 2014) Fifth Year - Ninth Semester LAW OF TAXATION Time: 242 hours Maximum: 70 marks PART A - (2 x 12 = 24 marks) Answer TWO of the following in about 500 words each. 1, Examine in detail the taxation of Income from House Property under the Income Tax Act, 1961. 2. “Goods and Services Tax is defined as a tax on the supply of goods or services or both’- Explain ‘Scope of supply’ and ‘Time of supply’ under the Central Goods and Services Tax Act, 2017. 3, Narrate the various situations under the Income Tax Act, 1961 regarding Set-off and Carry forward. PART B - (2 x 7 = 14 marks) Answer TWO of the following in about 300 words each. 4. Elucidate the key provisions of the 101s amendment to the Constitution of India regarding Goods and Services Tax Council. 5. Critically examine the reliefs provided for Double Taxation under the Income Tax Act, 1961. 6. Discuss the tax treatment of Agricultural Income under the Income Tax Act, 1961 . PART C - (5 x 4 = 20 marks) 7. Write short notes on FIVE of the following: (a) Canon of Economy and Elasticity. (b) Import of Services. (c) Section 80C deductions under the Income Tax Act, 1961. (4) Direct and Indirect tax: (PO) ba(e) Anti-Profiteering measures. (9 Advance Ruling. n of Cost 0 PART D - (2 x 6 = 12 marks) {Acquisition of a Capital Asset. (¢) Indexatio' i 17 he relevant isi 'O of the following by referring to u Provisions ET SEI Give cogent reasons. of law, wing information about her period of gt, AY in - Sushma furnishes the follo ° tidia du rs 2006-07 to 2016-17: India during the previous yea [PY | Days PY Days PY [2006-07 _| 365 2010-11 | 75 _ | 2014-15 F2007-08 | 365 2011-12 | 67 2015-16 [2008-09 | 365 2012-13 | 178 2016-17 | F2009-10 | 110 2013-14 | 65 Calculate her residential status for the assessment year 2017-18. 9. Mr.K is entitled to a salary of Rs.25,000 per month. Calculate tax payable if (a) He receives house rent allowance of Rs.5,000 per month. (b) He receives a rent free accommodation which i aah is owned by the company 10. Advise your client in the following circumstances: (a) AX? Lid. fas an annual turnover of Rs.80 lakhs and they wish to apply for comp: a ‘ion levy under the Central Goods and Services Tax Act, ¢ Tamilnadu Goods and Services Tax Act, 2017. (b) AMZ Ltd. - lakhs. Is it compulacey pperater has an annual turnover of Rs.!0 Goods and Services Tax act, 2017, eaeH 1780 Register No. | THZAHBEA| [EZAHBEAY B.A.,B.L.(Hons.)/B.Com.,B.L.(Hons.) DEGREE (SEMESTER) EXAMINATIONS, APRIL 2019. (For the candidates admitted from 2011 to 2014) Fifth Year — Ninth Semester LAW OF TAXATION Time : 24 hours Maximum : 70 marks a PART A — (2 x 12 = 24 marks) Answer TWO of the following in about 500 words each. Define Tax. Distinguish it with fee and fine with decided cases. Give an account of income from Business and profession as given under the Income Tax Act 1961. Examine the functioning of the GST Council regarding levy of tax. PART B— (2x 7= 14 marks) Answer TWO of the following in about 300 words each. Examine the relation between the tax laws and Finance Acts. Define Capital asset. Explain the method of assessing the long-term capital gains. Explain, in brief, the provisions regarding Composition levy of tax under the State Goods and Services Tax Act, 2017. [P.7.0.]a 8. (@) (b) © @ (e) o (e) Write short n' PART C— (5* 4= 20 marks) otes on FIVE of the following Canon of equity Progressive tax 1961 Person under the Income Tax Act Written down value Accrual of income i Goods and Servi Export of services under the integrated 0 ty Act, 2017. Works contract under the central Goods and Services Tax 44 2017. PART D — (2 x 6 = 12 marks) Answer TWO of the following by referring to the relevant provisions of law, (a) (b) Give cogent reasons. Advise your client in the following circumstances. A entered into a contract with B for construction of a house. ¢ supplied goods like cement, bricks and sand. Finally B transferred the constructed house to A. Decide whether this would amount to supply of goods or service or none, A is doing textile business by trade name “Madurai Silks”. A permitted ‘B’ to use the trade name “Madurai Silks” for B's business. Decide whether this amount to supply of goods or service State with reasons how the following attract imcome tax in India at the hands of the recipients. (a) (b) © Income of Educational institutions, Retrenchment compensation Deduction in respect of life insurance premium. 2 H 1780Ss 10. Xis a Government employee. His salary for the previous year 2017-18 is as follows: (a) . Basic pay Rs. 7,20,000 (b) Dearness allowance Rs. 3,60,000 (©) House rent allowance Rs. 1,20,000 (d)_ City compensatory allowance Rs. 60,000 His expenses are as follows (©) House Rent paid Rs. 3,00,000 () LIC premium Rs. 1,20,000 (@) Provident Fund Rs, 80,000 Calculate the taxable income for the previous year 2017-18. 3 H 178083° wp OF HZA) HAGA Ae EEE _ HBoa HCA p.A-B.L. (Hons.)/ B, oo etal ALLB. (on, p.com. Ons. )BBA.LLB (ye Com. BL. 2 » hs (Hons,)/ EGREE (Semester) EXA B. (Hon; B.C.A. LLB, D ¢ ster) MINATIONS 7 “B. (Hons.) » NOVEMBER 2019... 019, For th i ( e candidates admitted from 2011 to 2015) Fi ifth Year — Ninth Semester LAW OF TAXATION ime: 24 hours Maximum : 70 marks PART A — (2x 12 = 24 marks) Answer TWO of the following in about 500 words each. Define Income from house property. Examine the procedures for calculation of income from house property to impose tax under the Income Tax Act, 1961. 2, Discuss the various procedures for assessment under the Income Tax Act, 1961. 3, Discuss the scope of supply, time and value of supply pnder the Central Goods and Services Tax Act, 2017. PART B— (2* 7 = 14 marks) Answer TWO of the following in about 300 words each. 4. Discuss the various canons of Taxation. NGST Act, 2017. yuling under the T the Income Tax 5. Discuss about advance ment of losses under Analyse the procedures for treat Act, 1961. pp.7.0.]‘Answer TWO of the following by referring to the 8. (a) , © parTC—@*4= 20 marks) son FIVE of the following : Write short note: (@) Progressive Taine system ral Income (o) Agricultv Double Taxation ns under the cGST pecial class assesses. © (@ Retw Act, 2017. (e) Assessment of Sj @ (g) Audit Casual Income PART D— (2x 6= 12 marks) relevant provisions of law. Give cogent reasons. Provide the tax rates and permissible deductions for the following f the assessment year 2019-2020. 8 for (@) Tax rate for senior citizens (b) Payment towards National Disaster relief fund (c) Income from royalty. The i i i e income and expenditure particulars of Mrs. X for the previous year 2018-19 is as follows: Theo! me (Per annum) Expenditure (Per annum) Basic . pay = Rs.40 lakhs LIC Premium = Rs.2 lakhs Dearness _ Allowance = Rs.20 lakhs Pension scheme = Rs.10 lakhs CCA = Rs.llakhs Fixed deposit = Rs,10 lakhs H 1843. Rs.2 lakhs Tuition fee = Rs.1 lakh A , ph from game = Rs. 20 lakhs ne 100" ‘ gow the taxable income of rg X for the assessment year culate 2020 os Ltd, is a chain of hote] company having annual turnover of ys Danny. They wanted to apply f je crore. for Composition levy under the dvise M/S Danny Ltd. company. KxGST Act, 2017. Advis r 184312078 Register No. | |-]¥—77]7——_— (| ee} 1B9A/CHBXG aH cowcitexcmpeacapxe "| BA. BL. (Hons.)/B.A. LL.B. (Hons.)/B,Com, BL. (Hons.)/B.B.A. LL.B. (Hons.)/B.C.\ WA (Hons.)/B.Com. LL.B, LE. (Hons,) DEGREE EXAMINATIONS, JULY 2021, me eae (or the candidates sinn'thed from Fifth Year — Ninth { HZA/HAQAICHAXCI 2011 to 2016) emester/Tenth Semester Time: 24 hours Maximum : 70 marks PART A— (2x 12= 24 marks) Answer TWO of the following in about 500 words each. 1. Define Assessment Year. Examine the v arious methods of assessment of Income Tax under the Income Tax Act, 2, The income of other person are also chargeable for the payment of income tax. Examine the circumstances for such chargeability of tax under the Income Tax Act. 3. Define Income. Briefly explain the various heads of income under the Income Tax Act. PART B— (2x 7= 14 marks) Answer TWO of the following in about 300 words each. 4. Explain about various canons of Taxation. 5. Explain the law relating to Advance Ruling under the Central Goods and Services Tax Act, 2017. 6. Examine the liability of special class assessees. PART C— (5 x 4= 20 marks) 7. Write short notes on FIVE of the following : (a) Direct Tax and Indirect Tax (b) Registered Dealer (©) Agricultural Income (@) Input Tax Credit (©) Entries relating to Taxation under the VII Schedule of the Constitution. () Residential status (@) Contribution to Chief Minister Relief Fund ro}“_om owing by referring to relevant proyig Answet wo of the fo) Give cogent reasons. ions on, ide, how the following will be treated under ¢h, _ Analyse and decide, ane oh 8. ‘Act, 1961 for the assessment ye! co, (a) Donation to political party (b) Income from Royalty The following are the Income and Expenditures of Mrs.X for 2019.99, — 1 2018-2099, ~~ TIncome 9. r ea Salary = Rs. 5 lakhs p.a. @) | LIC Premium =] 5} Agricultural Income= Rs.101ekhs p.a. | (>) | Medical Insurance Premin Sy Income from game show =Rs. 10 lakhs | (©) | Medical treatment =Rs 1 lak a Tneome from rent = Rs. 20 lakhs p.a. Calculate the taxable income of Mrs. X f 2020-2021. or the assessment yu 10, Mr. X leaves India for the first time i in 2018, He returned to India j a are on May 28 and stays for a period of 50 days during era inthe year 2019-2020. Determine the residential status of Mr. XP ee revsRegister No. TL ToT — H 1955 HZA/HA9A/ HBEA/ HB9A/HC9A/HD9A B.A. B.L. (Hons.)/ B.A. LL.B. (Hons.)/B.Com. B.L. (Hons.)/ B.Com. LL.B. (Hons.)/ B.B.A. LL.B. (Hons.)/ B.C.A. LL.B. (Hons.) DEGREE (SEMESTER) EXAMINATIONS, JANUARY 2021. (For the candidates admitted from 2011 to 2015) Fifth Year — Ninth Semester LAW OF TAXATION ‘Time : 24 hours Maximum : 70 marks PART A — (2x 12 = 24 marks) Answer TWO of the following in about 500 words each. Discuss about the chapter deductions under the Income Tax Act, 1961. Discuss about scope of Supply, Time and Value of supply under the Tamil Nadu Goods and Services Tax Act, 2017. Define capital gain. Discuss about income from capital gain. PART B— (2x 7= 14 marks) Answer TWO of the following in about 300 words each. Discuss about the procedure for clubbing of Income under the Income Tax Act, 1961. Examine the impacts of 101% amendment to the Constitution of India with respect to GST Council. Discuss about the assessment procedures under the TNGST Act, 2017. PART C — (5 x 4 = 20 marks) Write short notes on FIVE of the following : (a) Income Tax Act and Finance Act (b) Agricultural Income (©) Income from other sources (P.7.0]Answer TWO of the following by refe? 8. 10. (a) Advance Ruling (e) Integrated GST Act, 2017. () Special class of assessee (g) Residential status ks) 1 part p—(2x6712™" ring ¢ reasons: sevant provisions of law, e to the previous year Give coger M for the The income and expenditure particulars of Mrs is as follows : Income (per annum) (a) Basic pay = Rs. 25 lakhs (b) D.A.=Rs. 15 lakhs () HRA.=Rs. 2 lakhs (@ Winning from game show = B: (©) Agricultural Income = Rs. 15 lakhs 5, 60 lakhs Expenses (per annum) (a) PCS=Rs. 5 lakhs (b) Tuition fee = Rs. 80,000/- (c) Contribution to cyclone fund = Rs. 50,000/- (d) Expenditure on Heart surgery = Rs. 7 lakhs Calculate the taxable income of Mrs. M for the assessment year 2020 — 2021. Mr. R is working in TNEB as Assistant Engineer. His Basic pay is Rs. 84,000 per month and D.A. is 12% of Basi A. sic pay. He receives a Hi Rent Allowance of Rs, 4,500 per month, He pays a rent of Rs. 9, 000 per M/S MNO Ltd. Co. is a » Co. arm around Rs. 1.3 crore, Decide aad company and having turnover of ed whet! 7 Composition levy under the TNGST a” Jompany is eligible to apply for —fd —_ BD9AcHD Xe yons./B-A.LL-B.(Hons.)/B.Com.B.L,. (Hons, pil ns.)/B.C.A.LL, -YB.Com.LLB, ESA AMINATIONS, PERU RY er SEMESTER rt candidates admitted from 2005-2006 to 2007-2008¢H1¢) Fourth Year — Seventh Semester (For the candidates admitted from 2011 to 2016) Fifth Year — Ninth Semester/Tenth Semester LAW OF TAXATION fine a} hours Maximum : 70 marks PART A — (2x 12 = 24 marks) ‘Answer TWO of the following in about 500 words each, Discuss about the various types of taxing systems and taxes with suitable illustrations. 2, Define income from salary and examine the scope of imposing income tax on income from salary under the Income Tax Act, 1961. 4. Compare and examine about the procedure for assessment under the CGST Act, 2017 and the TNGST Act 2017. PART B — (2 x 7= 14 marks) Answer TWO of the following in about 300 words each. Analyze about tax treatment of ‘Income from other sources’. Define Special class assessees and examine the procedure for “sessment for Special class assessee. Define advance ruling and brief about the implications of Advance R ‘ling under the TNGSTT Act, 2017. p10 Se a5x42 20 marks) pART C— ( , i e following port notes OP FIVE of the write § a ) Doctrines of taxal jon laws al ' fl Accrual of income © Agricultural income @) ¢ (@ Set off ©) GsT Council (Works Contract Input tax credit. @) PART D— (2x 6= 12 marks) e following by referring to the relevant provisions ofl Ww, ve \f the Answer TWO 0 Give cogent reasons. Examine the following income and expenditure and decide how the ae 8. 5 ssessed for imposition of income tax under the Income Tax 4 ct, will be ai 1961. (a) Income from Royalty (b) Donation to political party (c) Income from pension benefit. 9. Decide whether the following will attract GST : ‘A’ entered into contract with ‘B’ for construction te : of a guest house at Ooty. ‘B’ got the materials from ‘C’, who supplied the wood, PVC vib em Coimbatore. After the completion of the guest house, 3 anded over it to ‘A’. Decide whether the supply by ‘C’ attracts cs? 10. i i The following “ the income and expenditure of Mrs. X for 2019-2020. ni come Expenditure (1) Salary = Rs. 5 1 annum akhs per (a) LIC premium = Rs. 4 lakhs pa (2) Agricultural j - lakhs p.a, ncome =Rs. 10 (b) Medical insurance premium = (8) Income fro: Rs. 4 lakhs p.a. 7m - Rs. 10lakhe ™° S*°¥= (©) Medical treatment = Rs. 128 (4) Income fr ‘01 = lakhs pa. mtent= Rs, 20 Calculate th he tax ‘able income for the assessment year 2020-2021. Snennnntser no, LL ETT BAe B.L. (Hons.)/B.Com., B.L, (Ho: EXAMINATIONS, NOVEMBEG =? (SEMESTER) (For the candidates admitteq from 2011 te 2014) Fifth Year — Ninth Semester LAW OF TAXATION rine! 2% hours Maximum: 70 mark. PART A - (2 x 12 = 24 marks) a Answer TWO of the following in about 500 words each. fine Income and discuss about the various heads of j 1 feo Tax Act, 1961. of income under the 2, Discuss about the procedure for assessment of Taxes under the Central Goods and Services Tax Act, 2017. 3.Examine the permissible deductions under Indian Income Tax Act, 1961 PART B - (2x 7 = 14 marks) Answer TWO of the following in about 300 words each. 4, Discuss about Best judgement assessment and income escaping assessment under the Income Tax Act, 1961. 5. Discuss about Appeal and Revision provisions under the Tamil Nadu Goods and Services Tax Act, 2017. 6. Discuss about exempted income under the Income Tax Act, 1961. PART C - (5 x 4 = 20 marks) 7 Write short notes on FIVE of the following: (a) Direct and Indirect Taxes (b) Accrual of income (c) Clubbing of income (d) Search and Seizure under the CGST Act, 2017. (¢) Double Taxation relief ( Offences and penalties under the TNGST Act, 2017. (g) Tax and fee (P.7.0.) a ant.PART D - (2 x 6 = 12 marks) ; Answer TWO of the following by referring to the relevant provisions of law. Give cogent reasons. 8. Furnish the tax rate for the following assessee for the assessment year 2018. 2019. (a) Super Senior Citizen (b) Companies (c) Women 9. The income and expenditure particulars of Mr. ‘X’ is as follows: Income (Per annum) Expenditure (Per annum) (a) Basic Pay - Rs.10 lakhs PF. ~ Rs.1 lakh (b) DA - Rs.2 lakhs Pension scheme - 2 lakhs (c) CCA - Rs.60,000/- LIC - Rs.1 Jakh (d) HRA -Rs. 1 lakh Medical treatment- Rs.60,000/- (e) Income from gambling -Rs.10 lakhs Tuition fee for son-Rs.40,000/- Calculate the taxable income for Mr.’X’ for the assessment year 2018-2019. 10. M/s. ABC Ltd., a restaurant with Bar attached facility having annual turnover of one crore, wishes to apply for composition levy under the Central Goods and Services Tax Act, 2017. Advise M/s. ABC Lid. about the maintainability.