Roll
No..................
Total
No of Questions : 07]
MBA (Sem.-3rd/4th
)
DIRECT TAX PLANNING
SUBJECT CODE
: MB - 624
Paper ID
: [C013l]
[Note : Please fill subject code
and paper ID on OMR]
Time
: 03 Hours
Maximum
Marks
Instruction
to Candidates:
1) Section - A is Compulsory.
2) Attempt any Four questions from Section - B.
Section - A
QI)
a) Define a
person?
b) What is
profit in lieu of salary?
c) What is real
rental value?
d) What is short
term capital gain?
e) What is
deemed Profit?
f) What is site
restoration fund?
g) What is
balancing charge?
h) What is MAT?
i) Which
deduction is given under section 80-G?
j) What are the
bonus shares?
Section
- B
Q2)
What is tax avoidance? Differentiate between tax evasion, tax planning and tax
evasion? Which of these is illegal?
Q3)
What is cost of acquisition of a capital asset? How is it calculated for computing
long-term capital gain?
Q4)
What is clubbing up of income? In which cases the income of the other person is
included in the income of assessed?
Q5)
What is new method of charging depreciation? Give various provisions of it?
Q6)
How the tax planning can be done for make or buy decisions and own or lease
decisions?
Q7)
What is deduction of tax at source? Give various incomes from which the tax is
deducted at source along with rates of TDS?
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