2011 Question Paper,University Of Pune Question Paper,CENTRAL AND STATE SALES TAX LAWS (Paper – IV) (Old Course),D.T.L. Examination,

University Of Pune Question Paper
D.T.L. Examination, 2011
CENTRAL AND STATE SALES TAX LAWS
(Paper – IV) (Old Course)
Time : 3 Hours Max. Marks : 100
 N.B.: 1) Questions 4 and 8 are compulsory and they carry 18 marks.
2) Answer any two questions from Part – I and Part – II and
they carry 16 marks each.
PART – I
1. Explain the provisions regarding procedure for registration of a dealer under
C.S.T. Act.
2. When a sale or purchase of goods is said to take place outside the State ?
3. What are the circumstances in which penalty u/s 10 of the C.S.T. Act can be
levied ?
4. Write short notes on any three :
a) Dealer
b) Assessee
c) Determination of turnover
d) Settlement of Disputes
e) Levy and collection of Tax
f) Business
PART – II
(Bombay Sales Tax Act)
5. Explain provisions regarding Levy and Collection of Tax under Bombay Sales
Tax Act, 1959.
6. Explain the provisions of Bombay Sales Tax Act, 1959 in respect of draw-back,
set-off, refund etc as per S.42 of the said Act.
7. Explain the provisions regarding purchase tax payable by an unregistered dealer
as per the provisions of the Bombay Sales Tax Act, 1959.
8. Write short notes on any three :
a) Turnover
b) Dealer
c) Place of Business
d) Turn-over tax
e) Additional Tax
f) Return.
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2011 Question Paper,D.T.L. Examination,WEALTH TAX AND CENTRAL EXCISE ACT (Old Course) (Paper – III),University Of Pune Question Paper

University Of Pune Question Paper
D.T.L. Examination, 2011
WEALTH TAX AND CENTRAL EXCISE ACT
(Old Course) (Paper – III)
Time: 3 Hours Max. Marks: 100
N.B. : 1) All questions are compulsory.
2) Figures to the right indicate full marks.
1. A Resident Hindu Undivided Family has given the following information
about the assets and liabilities for the A.Y. 2010-11.
1) Karta transferred to his un-married minor daughter, a car and jewellery valued
on valuation date Rs. 4,00,000 on 10th Jan. 2010.
2) One house at Pune for residential purposes Rs. 17,14,000.
3) Motor cars valued at Rs. 7,35,000
4) Cash at bank Rs. 90,000
5) Jewellery Rs. 13,00,000
6) Debtors Rs. 1,95,000
7) Gold Deposit Bonds Rs. 15,00,000
Compute the Net wealth and Wealth Tax Liability.
OR
Define “assets”. Explain various assets u/s 2(ea) of the Wealth Tax Act. 15
2. What are the provisions regarding liability to assessment in special cases under
Wealth Tax Act ?
OR
Explain the provisions relating to assessment of escaped wealth. 15
3. What are the provisions relating penalties under Wealth Tax Act ?
OR
Discuss provisions regarding scope of liability to Wealth Tax under Wealth
Tax Act. 15
4. Write short notes on any three :
a) Assets of Indian Repatriate.
b) Valuation of jewellery
c) Valuation Date
d) Assessee. 15
5. Explain different types of Excise duties which are leviable under Central Excise
Act, 1944.
OR
Who are the persons required to get themselves to be registered under Central
Excise Act ? 20
6. Write short notes on any two of the following :
a) Deemed manufacture
b) Excisable goods
c) Valuation under MRP method.
d) Penalties under central Excise Act. 20
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GENERAL LAWS AFFECTING TAXATION (Old Course) (Paper – I),2011 Question Paper,D.T.L. Examination,University Of Pune Question Paper

University Of Pune Question Paper
D.T.L. Examination, 2011
GENERAL LAWS AFFECTING TAXATION
(Old Course) (Paper – I)
Time : 3 Hours Max. Marks : 100
 N.B. : 1) All questions are compulsory.
2) Figures to the right indicates full marks.
1. Discuss “No tax shall be levied or collected except with authority of law”.
OR
Define “Money Bill”. What is the procedure laid down under the constitution for
the passing of “Money Bill” ? 15
2. Explain general rules of succession of property in case of Female Hindu dying
intestate under the Hindu Succession Act, 1956.
OR
Explain the following :
a) Joint Hindu Family property.
b) Joint tenancy and tenancy in common. 20
3. Discuss the law relating to relation of partners with one another.
OR
What are the essential characteristic of a valid partnership ? 15
4. A) Define the term “Trust”, “author of Trust”, “Trustee”, “Beneficiary” under
the Indian Trust Act, 1882.
OR
Discuss the powers of Trustee under the Indian Trust Act, 1882. 10
B) Explain the following with reference to Code of Civil Procedure : Service of
Summons to Defendant.
OR
Discuss the Inherent Power of the Court. 10
5. A) Explain with reference to the Indian Succession Act (any two) .
a) Essentials of Will.
b) Probate.
c) Succession certificate. 10
B) Discuss any two with reference to Indian Evidence Act.
1) Cross examination of witness.
2) Opinion of Experts.
3) Private and Public Documents. 10
6. Explain any two with reference to Transfer of Property Act.
a) Transfer by Gift.
b) Universal Donee.
c) Concept of immovable property. 10
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D.T.L. Examination,University Of Pune Question Paper,BOOK KEEPING AND ACCOUNTANCY (Paper – I),2011 Question Paper

University Of Pune Question Paper
D.T.L. Examination, 2011
BOOK KEEPING AND ACCOUNTANCY (Paper – I)
(2005 Course) (Old)
Time : 3 Hours Max. Marks : 100
 N.B.: 1) Q. No. 1 is compulsory and solve any five of the remaining.
2) Figures to the right indicate full marks.
1. Following is the Trial Balance of Mr. A for the year ended 31-3-2010. Prepare his
Trading and Profit and Loss Account for the year ended 31-3-2010 and the
Balance Sheet as at that date :
Trial Balance
Particulars Debit Credit
(Rs.) (Rs.)
Stock on 1-4-2009 35,000
Drawing 12,000
Purchases 1,10,000
Return Inward 8,000
Investment 40,000
Carriage inward 4,700
Import Duty 2,500
Wages 32,400
Power charges 4,800
Salaries 41,300
Printing and Stationery 5,100
Postage 200
Plant and Machinery 2,15,000
Furniture 28,000
Cash at Bank 3,500
Land and Building 1,26,000
Cash in hand 700
Capital 3,50,000
Return outward 5,000
Sales 2,70,000
Discount received 7,200
Creditors 37,000
6,69,200 6,69,200
A/c closing stock on 31-3-2010 is valued at Rs. 65,000. 20
2. Enter the following transactions in the Cash Book of Mr. Vaidya and balance the
same.
2010 Feb.
1. Cash balance in Cash Book Rs. 4,000
2. Cash paid to petty cashier Rs. 200
4. Received bonus from Tata Co. Rs. 150
5. Mr. R invoice goods to us for Rs. 2,000 and the amount paid in cash.
10. Purchased office furniture from Well Decor for cash Rs.1,350
15. Cash sales Rs. 380
17. Purchased stationery for Rs. 20
21. Opened an account with the Rupee Co. Op. Bank with Rs. 1,500
27. Paid office rent Rs. 120, advertising Rs. 60
28. Paid to Mr. Rajan Rs. 115 for his dues
28. Received loan from Randhir Rs. 165 16
3. On 31st March 2010 the Cash Book of Shri S showed a debit balance of
Rs. 6,490. On comparing his Cash Book with the Bank Pass Book he finds that :
1) Out of the three cheques totalling Rs. 2,100 issued on 29th March 2010 only a
cheque of Rs. 1,200 has been presented and cashed upto 31st March 2010.
2) Two cheques of Rs. 1,000 and Rs. 2,000 respectively were deposited into
Bank but only a cheque of Rs. 1,000 was credited before 31st March 2010.
3) Bank charges Rs. 15 and Bank interest Rs. 400 appearing in the pass book are
not yet recorded in the Cash Book.
4) A standing order for payment of the insurance premium amounting to Rs. 175
had not been entered in Cash Book.
5) A cheque of Rs. 150 deposited and credited by bank was entered as Rs. 115
in the Cash Book.
Prepare the Bank Reconciliation statement to find out the balance as per the
Pass Book as on 31st March 2010. 16
4. Rectify the following errors :
1) A machine purchased Rs. 33,100 is debited to Purchases A/c.
2) Wages paid for erection of new machinery Rs. 3,500 are debited to Wages A/c.
3) Material of Rs. 10,500 and wages Rs. 5,500 paid for additions to Building
were debited to Purchase and Wages A/c.
4) Land acquisition charges paid Rs. 10,800 were debited to Legal Charges A/c.
5) Charges paid on purchase of goods Rs. 4,000 was debited to Goods A/c.
6) Rs. 1,000 paid for repairs to machine were debited to Machinery A/c.
7) Salaries of Rs. 1,800 paid to Mr. A were debited to Mr. A’s A/c. 16
5. Journalise the following transaction in the books of Ram for the month of April, 2010.
1. Started business with cash Rs. 25,000
2. Bought goods from Sachin at 5% trade discount Rs. 5,000
4. Paid to Shri Sanjay for office rent Rs. 1,000
7. Sold goods for cash Rs. 700
9. Returned goods to Sachin Rs. 500 (gross)
12. Sold goods to Pravin Rs. 1,500 at 5% trade discount
17. Paid to Sachin on account Rs. 1,500
[3941] – 61 -4- 
20. Sold goods for Cash Rs. 400
22. Received from Pravin Rs. 1,400
25. Paid for salaries Rs. 1,000 of which Rs. 500 paid in cash and balance in
goods
26. Placed an order for goods Rs. 10,000 to Sunil to be executed next month
27. Purchased Typewriter Rs. 3,000 and paid Rs. 200 for Octroi charges
28. Goods purchased for cash Rs. 1,000
29. Distributed free samples Rs. 200
30. Paid to Sachin Rs. 2,000 on account. 16
6. Rao commenced business on 1st January 2009 with cash of Rs. 20,000.
On 1st July 2009 he introduced a further capital of Rs. 5,000. During the year he
withdraw Rs. 400 p.m. for personal use. On 31st December 2009 his assets and
liabilities were :
Rs.
Stock in Trade 20,000
Debtors 15,000
Furniture 4,000
Cash at Bank 3,000
Unpaid Expenses 1,000
Sundry Creditors 8,000
Calculate profit earned by Mr. Rao for the year ended 31-12-2009. 16
7. A, B and C were partners in a firm sharing profits and losses in the ratio 2 : 2 : 1.
The partnership deed provided that on the retirement of a partner, goodwill shall
be valued at 3 years purchases of the average profits of the last 4 years. Mr. C
wanted to retire from the business. Profits of the past 4 years were Rs. 19,400,
Rs. 13,200, Rs. 21,300 and Rs. 22,500.
Calculate the value of the goodwill of the firm and how much C will get as his
share of Goodwill ? 16
8. Write short notes on any two :
a) Subsidiary Books.
b) Accounting for Fixed Assets (A.S. 10)
c) Classification of Accounts. 16
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B