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Saturday, December 26, 2015

LW - 013 : TAX ON CAPITAL AND TRANSACTIONS,LL. M. ( Semester - IV ),2010 Question Paper,University Of Pune Question Paper

University Of Pune Question Paper
LL. M. ( Semester - IV ) Examination - 2010
LW - 013 : TAX ON CAPITAL AND TRANSACTIONS
(Old Course)
Time : 3 Hours] [Max. Marks : 60
Instructions :
(1) Answer any four questions.
(2) All questions carry equal marks.
Q.1) What is the procedure followed in valuing Business Assets for Wealth Tax
purpose ?
Q.2) Explain provisions regarding Concealment of Wealth. Illustrate with
examples.
Q.3) Discuss Penalty provisions under Wealth Tax Act.
Q.4) What are the Duties eligible for CENVAT Credit ? State general procedure
to avail Credit under CENVAT.
Q.5) Describe provisions regarding Central Excise Duty Exemptions available to
Small Scale Industries.
Q.6) When a sale or purchase of goods is said to take place in the course
of Import or Export ?
Q.7) How will you determine Taxable Turnover under C.S.T. Act ?
Q.8) Write short notes on the following :
(a) Concept of Manufacture and Deemed Manufacture under Central
Excise Act
(b) Concealment of Wealth

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