VNSGU / Saurashtra University · Direct Tax Advanced
Download B.Com Sem 5 Direct Tax Advanced previous year question papers (2019–2024) from VNSGU — Veer Narmad South Gujarat University. Free PDF preview and download with verified step-by-step solutions.
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Advanced Accounting & Auditing - VI· 180
Tax Procedure and Practice· 120
Tax Procedure and Practice· 180
Advanced Accounting & Auditing-VI· 120
Assessment of Partnership Firms: Scheme of taxation under Section 184, Conditions for assessment as a firm, Calculation of Book Profits, Deductibility of remuneration and interest to working partners under Section 40(b) limits, Computation of Total Income and tax liability of partnership firms, Assessment of Hindu Undivided Family (HUF: Karta, Coparceners, Partition of HUF and tax consequences), Assessment of Companies (Minimum Alternate Tax — MAT u/s 115JB basics), Income Tax Assessment Procedures (Self-assessment, Scrutiny assessment, Best Judgment assessment, Reassessment), Appeals and Revisions (CIT(A), ITAT, High Court, Supreme Court), and Tax Planning vs Tax Avoidance vs Tax Evasion.
In Standard Costing Variance calculations, always write out the formula before substituting numbers: Material Price Variance = Actual Quantity × (Standard Price - Actual Price). Always label variances as (F) Favorable or (A) Adverse.
Important Exam Focus: Assessment of Partnership Firm: Compute allowable partner remuneration under Section 40(b) limits from given Book Profit and calculate total firm tax liability; Distinction between Tax Planning, Tax Avoidance, and Tax Evasion; Best Judgment Assessment circumstances u/s 144.