Download Goa University BA LLB-5 Years 2017 April 10th Semester Taxation Law Question Paper

Download Goa University BA LLB-5 Years Course (Bachelor Of Arts and LLB Five Years) 2017 April 10th Semester Taxation Law Question Paper

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LL. B. (Hons.) (Semester ? X) Examination, April 2017
TAXATION LAW
Duration : 3 Hours ' ? ' . V _ Max. Marks : 75
Instructions: i) Answer any eight questions from O. No. 1 to 12. ' (8x8=64)
ii) Question No. 13 and 14 are compulsory.
' 1. GhIe a detailed account of the various principles governing the expression
?Agricultural income" in order to qualify for its exemption from tax. 8
2. Analyse the tests laid down to determine the residential status of an ?Individual".
What is the relationship between residential status and incidence of tax ? 8 .
. 3. Sec. 10 of Income Tax Act, 1961 exempts certain types of income from taxation.
Explain any 8 categories of income which is exempted from tax. 8.
4. What is meant by ?previousyear? and ?assessment year" ? Explain with
exceptions how income earned in previous year is charged to tax in an assessment
year. , _ 8
5. ?Ownership of house property is an important criterion for income to be assessed
under Income from House Property? Explain. 8
6. Discuss the statement ?Income from Other Sources?. Specify the exemptions
available while computing income under the head ?Income from Other Sources?. 8
7. What is assessment ? Discuss different types of assessment under the Income
Tax Act 1961. 8 .
8. Under what circumstances income of other persons are included in the assessee?s
total income ? _ . 8
9. Explain the mode of set off and carry forward of losses under the Income Tax
Act, 1961. 8
10. Examine the concept of deduction of tax at source. ' , ' 8 .
11. ?No tax shall?be levied without the proper authority of law? Explain this statement
in relation to the Constitutional provisions and Tax Law. ' 8
P.T?.O.

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12. What are the various tax authorities under Income Tax Act 1961 ? Specify the
various powers and functions of Commissioners of I.T., Income Tax Officers and
Inspectors of Income Tax. , 8
~ 13. Answer any two of the following : . I (2x3=6')
a) Assessment Year. '
b) PAN Card.
0) Gross total income.
14. Answeranytwo0fthefol|owing: ? ' (2x2.5=5)
a) Person. ' '
b) Shipping bu'siness of non-residents.
'c) Cannons ofTaxation.