Direct Tax
Law I Important Questions
Dibrugarh
University Important Questions
Unit 1: Basics of Income Tax
Part - A
Q.
Define the term “Previous year” and “Assessment year? “Income tax is charged on
the income of the previous year.” Do you fully agree with this statement? If
not, what are the exceptions? 2013SN
Q.
“The incidence of tax depends upon the residential status of an assessee.”
Discuss. How Residential Status of the following is Determined: 2013, 2013SN, 2014SN, 2016, 2017, 2019
Ø Individual
Ø HUF
Ø Company
Ø Firm
Ø AOP and BOI
Q.
Define the term “assessee” and “person” under the income tax act. What is
regarded as income under the income tax act?
Q.
Explain in brief various incomes which are exempted u/s 10 of the Indian income
Tax Act. 2013, 2015, 2018
Part - B
Q.
Discuss about the statutory obligation to file return in income by different
persons under the Income-tax Act, 1961. 2016
Q.
“Right to appeal is a statutory right under Income-tax Act, 1961.” Do you
agree? Write an explanatory note in support of the above statement. 2017
Q.
“Appeal against the order of the Assessing Office lies with the Commissioner
(Appeals).” Do you agree? Write an explanatory note in support of the above
statement. 2018
Q. Write short notes on:
|
Assessment year (2017SN) Person (13SN, 15SN) Gross Total Income (15SN, 16SN,
17SN) Scope of total income (2013SN) Assessee including deemed assessee (13SN, 14SN, 15SN) Charge of income tax (15SN, 18SN) Tax Return (15SN) Method of accounting (16SN) |
Previous Year Capital asset Agricultural income Revenue Vs Capital expenditure Capital receipts Revenue Receipts Vs Capital
Receipts Tax evasion vs. Tax avoidance ( Income tax rate for the Assessment
year 2020-21 |
Unit – 2: Computation of Income from Salary (THEORY OR PRACTICAL)
Q.
What Constitutes Salary Under sec. 17 of Income tax act, 1961? Explain the
basis of charge of salary.
Q.
What is allowance? Explain its various types including Dearness allowance and
HRA.
Q.
Define ‘perquisite’ as per income tax act. Explain how perquisites are taxable
in the hand of employee. 2013, 16, 18
Q.
Explain the various types of Provident fund with their respective treatment as per
Income Tax Act, 1961. 2015, 2017, 2019
Q.
What are the essential characteristics of Salary?
Q.
Explain the provisions of the income – tax Act, 1961 with regard to the
following:
Ø Gratuity 2014
Ø Entertainment allowance 2018SN
Ø Value of rent free house
Ø Commuted and Uncommuted Pension
Ø Retrenchment compensation 2014, 2017
Ø Voluntary Retirement Compensation
Ø Approved Super Annuation fund 2018SN
Ø Deduction u/s 80C
Ø Recognised provident fund
Ø Encashment of earned leave 2014,
2016SN
Ø Relief u/s 89(1) of the Income tax Act.
Ø Profit in lieu of salary 2016SN
Q.
Practical Problems: Every Year
Unit – 3: Income under the Head House Property
(THEORY OR PRACTICAL)
Q.
Explain the Basis of Charge of Income under the head Income from House
Property. 2014
Q.
Define annul value. How does it differ from annual rental value? How would you
determine the annual value of the house used by assessee as let-out and self
occupied residence in computing taxable income from house property? 2014, 15,
16, 17, 18, 2019
Q.
What deductions are allowed from the annual value in computing taxable income
from house property? 2013, 2015,
2017
Q.
Write Short Notes on:
Ø Exempted House Property Income 2016SN
Ø MRV, FRV, SRV and ERV 2017SN
Ø Deemed Ownership 2016SN
Ø Deemed to be let out 2013
Ø Annual value
Ø Income From Co-owned Property
Ø Unrealised rent and its Treatment 2018SN
Ø Treatment of unrealised rent recovered 2018
Ø Different categories of house property (Self,
Let-out and used for own business)
Q.
Practical Problems: Every Year
Unit – 4:
Income Tax Authorities
Q.
Who can appoint Income Tax authorities? What are the authorities provided by
the income tax act for administration of tax? 2015,
2016, 2017, 2019
Q. What is central board of direct
taxes? Mention the power and function of income tax authorities. 2015SN,
2017SN, 2017
Q.
Discuss the power of commissioner of income tax in regard to search and seizure
of under the Income Tax Act, 1961. How
does the same differ from the powers of Commissioner of Income Tax (Appeals)? 2014, 2019
Q.
Discuss about the statutory obligation to file return in income by different
persons under the Income-tax Act, 1961. 2016
Q.
“Right to appeal is a statutory right under Income-tax Act, 1961.” Do you
agree? Write an explanatory note in support of the above statement. 2017
Q.
“Appeal against the order of the Assessing Office lies with the Commissioner
(Appeals).” Do you agree? Write an explanatory note in support of the above
statement. 2018
Q. State the procedure of filing an
appeal under the Income Tax Act, 1961.
Q. What do you mean by appeal to Appellate
Tribunal? Write a note on procedure and powers of Appellate Tribunal. 2017,
2019
Q. Discuss the powers, functions and
duties assessing officers/Income tax officer. 2015,
2016, 2018
Q. What are various appellate
authorities under the income tax act? Give the procedure for filling appeal to
the appellate tribunal. State the orders against which appeal can be preferred.
Q. Write Short Notes on:
Ø Commissioner of income tax 2015SN, 2018SN
Ø Deputy commissioner of taxes 2015SN