Maharashi Dayanand University (MDU) 2009-5th Year L.LB General Taxation Laws of LL.B annual of Department of Law, , Rohtak - Question Paper

Time allowed: three hours

Maximum marks: 100

Note: Attempt 5 ques. in all, by selecting at lowest 1 ques. from every unit. All ques. carry equal marks.

Unit one

1. Write an essay on 'assessment and previous year'.

2. Write a note on any 1 of the following:

a) Capital expenditure and revenue expenditure.

b) Residential status and tax liability of the assesses.

Unit two

3. What do you mean by salary? And what deductions are admissible under the head salary?

4. discuss the meaning of 'Profits and Gains' of business or profession. Also explain expressly allowed general deductions under part 37 of Income Tax Act.

Unit three

5. Who is under obligation to file return of income? When a return is stated to be defective? And when can a revised return be filed?

6. elaborate the various modes of recovery of tax under the Income Tax Act, 1961?

Unit four

7. What authorities have been created under the Income Tax Act? Also explain the powers and functions of Central Board of Direct Taxes.

8. explain the facts and principles of legal regulations laid down in the case of Laxmi Devi Jain V. W.T.O (1992) 193 I.T.R. 154 (All).

Unit five

9. State briefly the procedure of appeal, reference and revision under the Wealth Tax Act, 1957.

10. explain the procedure of registration of dealer. And elaborate the advantages of registration?

Earning:   Approval pending.