CA PCC/PCE Group II : Taxation - November 2008

CA PCC/PCE - Group IITaxation • November 2008
This Paper has 31 answerable questions with 0 answered.
Roll No……………
Total No. of Questions — 8][Total No. of Printed Pages — 3
Time Allowed : 3 HoursMaximum Marks : 100
Answer all questions
Working notes should form part of the answer.
Marks
1.State with reasons, for any five out of the following six sub–divisions, whether the following statements are true or false having regard to the provisions of the Income–tax Act, 1961 for the Assessment Year 2008–09: 5x2=10 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)
 (e)  (0)
 (f)  (0)
2.20 (0)
3.(a)6 (0)
 (b)9 (0)
4.(a)6 (0)
 (b)8 (0)
5.Answer any four of the following five sub–divisions with regard to the provisions of the Incometax Act, 1961: 4x4=16 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)
 (e)Explain with brief reason whether the return of income can be revised under section 139(5) of the Income–tax Act, 1961 in the following cases:  
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
6.Answer any five of the following: 2x5=10 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)
 (e)  (0)
 (f)  (0)
7.(a)3x2=6 (0)
 (b)  (0)
8.Answer any three of the following: 3x3=9 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)