Direct taxes and corporate tax law & planning..

2019  :  questions (8 marks) : 1. What is corporate tax ? Explain its scope. 2. Give an overview on corporate tax management. 3. Write about deductions of corporate tax. 4. Discuss about filing of tax returns. 5. What are the various exemptions given by the govt. to a newly incorporated business?( unit 3) 6. Write in detail about tax administration . 7. Explain the various capital gains& losses. 8.Write in detail about MAT. 9.**Distinguish among taxplanning, tax avoidance & tax evasion. 10.* Discuss about tax planning of bonus shares. 15 Marks:  1. Explain about determination of residential status of a company. 2. Briefly explain the computation of taxable income from different heads. 2017 : questions ( 8 marks ) 1. **Define company. Explain about different types of company's. 2.** Explain the residential status of a company & incidence of tax. 3. *Explain about deductions of tax at source ( TDS) 4. Describe tax returns & refunds ...

Tax planning with reference to  1. setting up of new business 2. financial decisions ( capital structure decision, dividend policy, inter-corporate dividends, and bonus shares) 3. specific managerial decisions(own/lease, make/buy, shutdown/continue) 4. Amalgamation, merger, or business restructuring           1Q)  TAX PLANNING FOR SETTING UP OF A NEW BUSINESS           When a person decides to set up a new business he has to consider a number of factors, namely the nature & size of the business,  the location of the business, the amount of capital required & means to raise it, the risk-bearing capacity of the entrepreneur, the form of business organization from the point of view of stability, cost, legal requirements & ease of operation from the standpoint of management.      Apart from these considerations in the present era, high-income tax everybody has to consider tax effects of the followin...