Osmania University · Faculty of Law
Law of Taxation · September/August 2023
September/August 2023 · Law of Taxation · Semester 6
FACULTY OF LAW
LL.B. (3 YDC) III - Year VI - Semester Examination / BA LL.B. (5 YDC) /
BBA LL.B. (5 YDC) / B.Com. LL.B. (5 YDC) V - Year X - Semester Examination,
Sept. / August 2023
Subject : LAW
PAPER - I : LAW OF TAXATION
Time : 3 Hours Max. Marks : 80
PART - A (5 x 6 = 30 Marks)
Answer any FIVE of the following.
1. Article 265 of the Indian Constitution
2. Residential status
3. Income from House
4. PAN
5. Double Tax Relief
6. Kinds of GST
7. Input tax credit
8. Tax deducted at source
PART - B (2 x 15 = 30 Marks)
Answer any TWO of the following.
9. Define income and explain the concept of income tax.
10. What is tax evasion and tax avoidance? Discuss their effects and methods of prevention.
11. Explain the importance of place of supply under GST and SGST.
12. Explain the provisions governing Registration under GST.
PART - C (2 x 10 = 20 Marks)
Answer any TWO of the following.
13. A person has sustained a loss of Rs. 1 lakh in his speculative business. He wants to claim set-off of
this loss from his income of Rs. 30,000 received under the head income from house property. Will he
be allowed to do so under the law? Decide with reasons.
14. A, while travelling in TSRTC bus, meets with an accident and is temporarily disabled. TSRTC pays
an amount of Rs. 10,000 as compensation to him. State whether the amount is revenue receipt or
capital receipt.
15. 'A' company is formed solely to do the business of building houses and letting them on rent. Is
this income of the company taxable? If so under what head of the Income?
16. The gross total income before deduction under section 80C of a resident individual, aged 64
years, is Rs. 3,20,000/- and total income after deduction under sec. 80C is Rs. 2,85,000. Is it
necessary for him to submit his return of income voluntarily?