CS Final - Group III : Direct and Indirect Taxation Law and Practice - December 2010

This Paper has 37 answerable questions with 0 answered.
Roll No………
Time allowed : 3 hoursMaximum marks : 100
Total number of questions : 8Total number of printed pages : 6
NOTE :All references to sections mentioned in Part-A of the Question Paper relate to the
Income-tax Act, 1961 and the relevant Assessment Year 2010–11 unless stated otherwise.
PART — A
(Answer ANY TWO questions from this part.)
1.(a)  (0)
 
(10 marks)
  
 (b)Discuss in brief whether the concerned authority shall allow the application for advance ruling in the following cases –  
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
 
(2 marks each)
  
 (c)  (0)
 
(4 marks)
  
2.(a)  (0)
 
(8 marks)
  
 (b)  (0)
 
(8 marks)
  
 (c)  (0)
 
(4 marks)
  
3.(a)A company claims deduction of certain expenditure in computation of its total income under the Income-tax Act, 1961. Consider the allowability or otherwise of the following expenditures giving brief reasons for your answers and show the amount of deduction also :  
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
 
(3 marks each)
  
 (b)  (0)
 
(4 marks)
  
 (c)  (0)
 
(4 marks)
  
PART — B
(Answer ANY FOUR questions from this part.)
4.(a)Re–write the following sentences after filling–in the blank spaces with appropriate word(s)/figure(s) :  
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
  (vi)   (0)
  (vii)   (0)
 
(1 mark each)
  
 (b)Distinguish between the following :  
  (i)   (0)
  (ii)   (0)
 
(4 marks each)
  
5.(a)  (0)
 
(5 marks)
  
 (b)  (0)
 
(5 marks)
  
 (c)  (0)
 
(5 marks)
  
6.(a)  (0)
 
(5 marks)
  
 (b)  (0)
 
(5 marks)
  
 (c)  (0)
 
(5 marks)
  
7.(a)  (0)
 
(8 marks)
  
 (b)  (0)
 
(7 marks)
  
8.(a)State, with reasons in brief, whether the following statements are true or false :  
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
 
(2 marks each)
  
 (b)  (0)
 
(5 marks)