Important questions in CTLP

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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
5. Explain the carryforward & setoff losses in company's.(*15marks).
6. Describe income from PGBP.
7. ***Discuss about calculation of taxable income from House property.(15 marks)
8. ** What are the different incomes gained from other sources ?
9.* Explain dividend policy & bonus shares.
10.* Explain the decision relating to make or buy & own or lease.

 15 marks :

 1. What is corporate tax management? Explain the significance & problems in tax management.
2. **Explain the computation of taxable income & liability of company's.

 2016 : Questions (8 marks) 

 1.*Describe about the concept of advance payment of tax.
2. Enumerate the concept & significance of tax planning.
3. Write a note on financial management decisions.
4.**Examine the decisions related to plant shut down / continue.
15 Marks :
1. ***Discuss about deductions from gross total income ( GTI)

 2015 : Questions (8 marks) 
1. *What are the laws applicable to domestic company's.
2. Discuss about the tax determination of closely held company's.
3. Describe the procedure involved in tax assessment.
4. Discuss in detail about various types of tax returns.
5. Explain about tax planning of an employee remuneration.
6. What are the tax benefits available to newly established businesses?
7. Explain about the computation of MAT.
8. Discuss in detail about various capital gains & losses.
9. State the tax elements to be considered in purchasing assets.
10. Explain the computation of taxable income from business/ profession.(15 marks)

 2014 : Question ( 8 marks) 
1. Discuss about various deductions of tax under section 80.
2. Examine the financial management decisions with reference to tax planning.
3. Explain the concept & need for tax planning
4. How can you calculate the income from other sources? Explain its treatment
5.*How do you setoff the losses in case of companies
6. Give an overview on company's dividend policy
7. Elucidate the exemptions that are available under section 54 to an assessee for long term capital gain.(15 marks).
8. *State the taxplanning with reference to setting up of a new business.

Note : 
1. Problems in  5 heads of income
2. Computation of tax liability in case of company's
3. Problems in Unit 5


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