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Law of Taxation - May/June 2010 New - 3YDC
Question Type
Question
Short
Non-resident
Short
Previous Year
Short
PAN
Short
T.D.S.
Short
Declared goods
Short
Capital gain
Short
Works contract
Short
Dealer
Long
Briefly explain the scheme of computation of "Total Income" under IT Act.
Long
Explain the Assets exempted from Wealth Tax
Long
Explain the scheme of computation of income under the head "Income from House Property".
Long
Explain the term "sale" under A.P. Value Added Tax Act.
Problem
"A" is an Attorney in an MNC. He attends short term course in U.S.A on "Arbitration and Conciliation" course fee of Rs. 2 Lakhs is paid by his company. Decide income tax liability on 2 Lakhs.
Problem
University "X" received Rs. 100 Cr from its Alumini Association during P.Y. 2009 - 10. Decide income tax liability.
Problem
Haryana Handloom Corporation sold goods worth Rs. 50,00,000 in an exhibition at Anantapur in A.P. Commercial Tax Department of Haryana Govt. issued notice to Haryana Handloom Corporation for payment of Sales Tax. Decide.
Problem
The Income Tax Department served a notice requiring the assessee to appear before the Assessing Officer in person. On default by the assessee the Department conducted "Best Judgement Assessment". The assessee wants to challenge order in the court. Discuss.
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