Chapter VI-A deductions and total income

Statute sections

Landmark cases

Previous-year questions

Mapped 6 / 10 / 15-mark questions on this topic. Frequency is how many papers repeat the question.

• 10 Prepare the proforma statement of income for the A.Y . 2017-18 of the assessee pertaining to his heads of income from salary, house property and long term capital gains (on sale of his house property), by correctly applying the following sections - Sec 16, 10(13), 10(14), 80DDB, 24 and 30% statutory Deduction, 45(1A), 48, 54, Deduction under Chapter VIA-80C, TDS, and calculate tax liability. · 3×
• 6 Persons chargeable to Income Tax. · 2×
• 6 Income from House. · 2×
• 6 Kinds of persons under the Income Tax Act. · 2×
• 6 H.U.F. under Income Tax Act. · 1×
• 6 Standard Deductions. · 1×
• 6 Income under IT Act. · 1×
• 6 Agricultural Income. · 1×
• 6 Income. · 1×
• 6 Association of Persons under the Income Tax Act. · 1×
• 6 Permissible deductions in computing net wealth. · 1×
• 6 Non Resident under the Income Tax Act. · 1×
• 6 Assessee under the Income Tax Act. · 1×
• 10 Draft a pro forma of statement of Income showing the computation of income from salary. · 1×
• 10 The assessee during the financial year, has invested FD of a sum of Rs. 5,00,000/- in the sanme of his wife who is a house wife having no income of her own and not an assessee. The assessee does not want to show the interest accrued on the FD and seeks your clarification and advise. As a tax consultant advise your client. · 1×
• 10 The assessee is a salaried person. He has paid tuition fees for the post-graduation of his wife. The assessee claimed rebate on tuition fee under section 80C under Chapter VIA. The ITO rejected his claim and levied tax. Whether the order of the ITO is correct or not? · 1×
• 10 Mr. 'A' constructed a house and claimed deduction of interest on such amount from his salary income. The income tax officer disallowed the deduction. Explain the remedy available to the assessee, and whether the decision of the ITO is justifiable? Advise. · 1×
• 10 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? · 1×
• 10 Prepare the proforma statement of income showing computation of income from salary, house property, applying the following sections correctly: Sec. 316, 10(13), 10(14), 80DDB, 80G, 24, 30% statutory deduction, Deduction under Chapter VIA - 80C. · 1×
• 10 Mr. Madhu is a practicing advocate. His wife 'Roja' works in his law firm and draws a salary of Rs. 25,000/- while computing the total income for Mr. Madhu, the assessing officer clubbed the salary of his wife. Discuss. · 1×
• 10 'X', an assessee, transfers some of his assets to 'Y' during the pendency of the proceedings under the income tax act with a view to defraud the revenue. Is this transfer valid? Discuss. · 1×
• 10 Prepare the draft proforma of computation of Income from Salary, House property, applying the provisions of Sections 10(3), 16, 24, 80DDB, 80E, and 80C appropriately. · 1×
• 10 The assessee is a senior citizen aged 62 years. He draws pension of Rs. 3.5 lakh per annum. He was given approval for deduction u/s 80U by the income tax officer for the Annual Year 2012-13, availing the present deduction of Rs. 1,00,000 against the approval issued in 2012-13. The allowable deduction rate at that time was Rs. 70,000. Can he avail this deduction every year in the subsequent years despite his disability being permanent in nature, without referring the matter every year to the Income Tax Officer? Advise your client. · 1×
• 10 'A', a government employee, draws Rs. 20,000/- p.m., receives HRA of Rs. 24,000/- and he resides in his own house. He paid total house loan principal of Rs. 15,000/- and interest Rs. 60,000/-. He paid PF Rs. 10,000/-, LIC Rs. 5,000/-, and Tuition fee Rs. 30,000/-. He has undergone treatment for renal failure in a private hospital where he was treated by a general physician, and he has claimed deduction u/s 80DDB. You as an assessing officer, calculate his taxable income. · 1×
• 10 'A' a government employee draws Rs. 20,000/- p.m., receives HRA of Rs. 24,000/- and he resides in his own house. He paid total house loan principal of Rs. 15,000/-, tuition fee Rs. 30,000/-, PF Rs. 60,000/-, LIC Rs. 10,000/-. He resides in a private hospital where he was treated by a general physician. He has undergone treatment for renal failure and claimed deduction u/s 80DDB. · 1×
• 10 An assessee had a taxable income in a financial year, but in the subsequent years his income was within the tax threshold limit. Does he need to file the return every year despite not having taxable income? Also clarify if a person was not allotted PAN, does the assessee need to file the return despite having his total income within the threshold limit? Advise your client. · 1×
• 10 The assessee is working with a multinational company in Pune. She pays rent to her flat owner and maintenance charges to the owner's association. But her employer refuses to consider the maintenance charge while calculating rebate on rent, stating that the Income Tax Act mentions rent only. Is she right in her approach? If so why, and if not, why not? Explain. · 1×
• 15 Explain the rules of computation of income from house property. What deductions are permissible under this head. · 1×
• 15 What are the various deductions allowed under the head salaries and income from house property? · 1×
• 15 Define "Perquisite" and give a detailed account of perquisites exempt from Income Tax. · 1×
• 15 Explain the term of income under the Income Tax Act, 1961. · 1×
• 15 Define income and explain the concept of income tax. · 1×
• 15 Appeals under the Income Tax Act. · 1×
• 15 Explain the provisions of tax deduction at source under the Income Tax Act on the following income: (a) Salary (b) Payment to Contractor. · 1×
• 15 Explain the method of calculation of gratuity and its treatment on retirement for Government and non-Government employees under the Income Tax Act. · 1×