B.A. LL.B (Semester IX) (CGPA) Examination Mar/Apr-2018
PRINCIPLES OF TAXATION LAW
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks.
Q.1
Multiple choice questions:-
14
Section of Income Tax Act 1961, deals with incomes which do not form part of Total Income.
Section 10
Section 14
Section 15
Section 16
Section 17 of Income Tax Act 1961, defines
Salary
Perquisite
Profits in lieu of salary
All of the above
Section 23 of Income Tax Act deals with
Deductions from income from house property
Annual value of house property
Amounts not deductible from income from house property
Property owned by co-owners.
Section 31 of Income Tax Act deals with
Rent, taxes, repairs and insurance for buildings
Repairs and insurance of machinery, plant and furniture
Both a and b
None of the above
Section 47 of Income Tax Act provides transactions which are not regarded as transfer under the head
Income from House Property
Capital Gain
Salary
All of the above
According to section 61 of Income Tax Act, all income arising to any person by virtue of a revocable transfer of assets shall be chargeable to income tax as the and shall be included in his total income.
Income of the transferor
Income of the transferee
Both a b
None of the above
Section of Central Goods and Services Act 2017 defines business.
Section
Section
Section
None of the above
Section 2 of Central Goods and Service Tax defines
Person
Outward supply
Place of business
None of the above
Section 22 of CGST Act deals with
Persons liable for Registration
Persons not liable for Registration
Producer for Registration
None of the above
Page 2 of 2
SLR-HF-71
10) Sections of Maharashtra GST deals with Tax invoice.
Section 13
Section 31
Section 34
Section 35
11) Section of CGST deals with Refund of Tax.
Section 45
Section 54
Section 35
None of the above
12) Section 7 of Integrated Goods and Services Tax Act, 2017 deals with
Intra-state supply
Inter-state supply
Both a and b
None of the above
13) Section of IGST defines export of goods.
Section
Section
Section
None of the above
14) Section of IGST defines location of recipient of services.
Section
Section
Section
None of the above
Q.2
Explain the salient features of GST.
14
Q.3
Explain in detail the incomes not included in total income.
14
OR
Q.3
Explain in detail the provisions of deductions to be made in computing total income.
14
Q.4

Write short answer. (Any Two out of three)
08
Zero rated supply under IGST
Inter State supply under IGST
Input Tax Credit under CGST
Q.4

Constitution provisions of Taxation and 101st Amendment to constitution of India.
06
Q.5
Answer in short:- (Any seven)
14
Capital gains under Income Tax Act
Deemed income under IT Act
Clubbing of income under IT Act
Person under Income Tax Act
Difference between Tax fee
Income from other sources under IT Act
Income under IT Act
Income Tax Authorities
Define Agent under CGST Act
Location of supplier of services under IGST Act