CA PE II Group II : Income Tax and Central Sales Tax - November 2005

This Paper has 39 answerable questions with 1 answered.
Roll No………
Total No. of Questions— 6][Total No. of Printed Pages—6
Time Allowed : 3 HoursMaximum Marks : 100
Answers to questions are to be given only in English except in the cases of candidates who have opted for Hindi medium. If a candidate who has not opted for Hindi medium, answers in Hindi, his answers in Hindi will not be valued.
Questions of both the Sections have been given together without the Sections being mentioned in the question-paper. Candidates are advised to attempt all the required questions in the same answer-book.
Attempt all questions
Workings notes should form part of the answer. Wherever required, suitable assumptions may be made by the candidate.
Marks
1.(a)16 (1)
 (b)5 (0)
 (c)4 (0)
 
EITHER
  
2.(First Alternative)   
 (a)4 (0)
 (b)4 (0)
 (c)4 (0)
 
OR
  
2.(Second Alternative)   
 (a)4 (0)
 (b)4 (0)
 (c)4 (0)
3.(a)Fill in the blanks having regard to the provisions of the Income – tax Act, 1961
(All sub – divisions relate to the assessment year 2005-06):
  
  (i)1 (0)
  (ii)½+½ (0)
  (iii)1 (0)
  (iv)1 (0)
  (v)1 (0)
 (b)State whether True or False, with reasons, having regard to the provisions of the Income-tax Act, 1961 (Answers without reasoning will not be given any mark; all sub-divisions relate to the assessment year 2005-06):5x2=10 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
4.Write short notes on any three of the following: 3x6=18 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)
5.(a)Choose the correct answer with regard to the provisions of the Central Sales – tax Act:5x1=5 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
 (b)Fill up the blanks, having regard to the provisions of the Central Sales – tax Act:  
  (i)1 (0)
  (ii)1 (0)
  (iii)1 (0)
  (iv)1+1 (0)
 (c)State with reasons whether the statements are true or false; as per the provisions of the CST Act:5x1=5 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
6.(a)3 (0)
 (b)7 (0)