University Of Pune Question Paper
D.T.L. Examination, 2010
INCOME TAX AND AGRICULTURAL INCOME TAX
(Old) (2003 Course) (Paper – II)
Time : 3 Hours Max. Marks : 100
N.B.: 1) Qn. No. 1 is compulsory and carries 25 marks.
2) Answer any five of the remaining.
3) Figures to the right indicates full marks.
1. Shri Choudhary is purchase officer in Pune. He furnished the following particulars
regarding his income for the previous year 2008-09.
a) Net basic salary Rs. 75,000 which is after deducting Rs. 7,000 for income tax,
Rs. 12,000 as contribution to recognized Provident Fund and rent of bungalow
Rs. 3,600.
b) Bonus Rs. 36,000.
c) Travelling allowance for Tour Rs. 25,000.
d) Reimbursement of medical bills Rs. 7,500.
e) He lives in a bungalow belonging to the ‘Co.’ in a town (population 15 lakh)
its fair rent is Rs. 2,500 per month. The Co. has provided on this bungalow
the facility of a gardner and cook each of whom is being paid a salary of
Rs. 250 p.m. and Rs. 900 p.m. respectively. The company paid in respect of
the bungalow Rs. 6,000 for electricity bill and Rs. 1,200 for water bill.
f) Contribution to RPF by himself Rs. 12,000, and by Co. Rs. 12,000, interest
9.5% p.a. is Rs. 23,000.
Compute his taxable income from salary for the A.Y. 2009-10. 25
2. What are the provisions regarding determinal of residential status of H.U.F. and
Firm ? 15
3. How will you determine the annual value of the property which is let out ? 15
4. Discuss the provisions relating to clubbing of Income. 15
5. Explain the provisions regarding Income Tax Authorities under Income Tax and
discuss their general powers and functions. 15
6. Explain Agricultural income and discuss its impact on Taxation. 15
7. Discuss the penalty provisions under Income Tax Act. 15
8. Write short notes on any three : 15
a) Income.
b) Exempted perquisites.
c) Income escaping assessment.
d) Assessee.
e) Person.
f) Salaries to partners.
————————
D.T.L. Examination, 2010
INCOME TAX AND AGRICULTURAL INCOME TAX
(Old) (2003 Course) (Paper – II)
Time : 3 Hours Max. Marks : 100
N.B.: 1) Qn. No. 1 is compulsory and carries 25 marks.
2) Answer any five of the remaining.
3) Figures to the right indicates full marks.
1. Shri Choudhary is purchase officer in Pune. He furnished the following particulars
regarding his income for the previous year 2008-09.
a) Net basic salary Rs. 75,000 which is after deducting Rs. 7,000 for income tax,
Rs. 12,000 as contribution to recognized Provident Fund and rent of bungalow
Rs. 3,600.
b) Bonus Rs. 36,000.
c) Travelling allowance for Tour Rs. 25,000.
d) Reimbursement of medical bills Rs. 7,500.
e) He lives in a bungalow belonging to the ‘Co.’ in a town (population 15 lakh)
its fair rent is Rs. 2,500 per month. The Co. has provided on this bungalow
the facility of a gardner and cook each of whom is being paid a salary of
Rs. 250 p.m. and Rs. 900 p.m. respectively. The company paid in respect of
the bungalow Rs. 6,000 for electricity bill and Rs. 1,200 for water bill.
f) Contribution to RPF by himself Rs. 12,000, and by Co. Rs. 12,000, interest
9.5% p.a. is Rs. 23,000.
Compute his taxable income from salary for the A.Y. 2009-10. 25
2. What are the provisions regarding determinal of residential status of H.U.F. and
Firm ? 15
3. How will you determine the annual value of the property which is let out ? 15
4. Discuss the provisions relating to clubbing of Income. 15
5. Explain the provisions regarding Income Tax Authorities under Income Tax and
discuss their general powers and functions. 15
6. Explain Agricultural income and discuss its impact on Taxation. 15
7. Discuss the penalty provisions under Income Tax Act. 15
8. Write short notes on any three : 15
a) Income.
b) Exempted perquisites.
c) Income escaping assessment.
d) Assessee.
e) Person.
f) Salaries to partners.
————————
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