The Goods and Services Tax (GST) Act, 2017 revolutionized India’s indirect tax system by introducing a single unified tax regime. A crucial part of compliance […]
Category: LLB 6th Sem Law of Taxation [Long Answers]
Osmania Univerisity 3YDC 6th SEM Law of Taxation
16. Explain the salient features of the General Sales Tax Act.
Before the introduction of the Goods and Services Tax (GST) in India in 2017, the primary law governing the taxation on sale of goods was […]
14. Explain the distinguishing features of “Capital receipt” and “Revenue receipt”
Understanding the Distinction Between Capital Receipts and Revenue Receipts under Indian Income Tax Law When it comes to taxation and accounting, distinguishing between capital receipts […]
15. Explain the procedure relating to registration of “Dealer” under APGST Act.
The Andhra Pradesh Goods and Services Tax Act (APGST), 2017, brought a unified and modernized system of indirect taxation to the state. Under this Act, […]
12. Write a note on Tax liability on composite and mixed supplies?
The Goods and Services Tax (GST) regime in India revolutionized the country’s indirect tax structure by subsuming multiple state and central taxes into a single, […]
11. Define Allowances? How many kinds of allowances are there? Provide and explain Allowances fully taxable under IT Act ?
Allowances under Income Tax Act: Meaning, Types, and Fully Taxable Allowances Explained If you’re a salaried individual in India, chances are that your monthly pay […]
10. What are the conditions precedent to be complied for claiming exemption of expenses incurred for the treatment of specified diseases under section 80DDB of the Income te tax4
Healthcare expenses, especially those related to critical illnesses, can take a significant toll on a family’s finances. Recognizing this burden, the Income Tax Act, 1961, […]
9. Write a note on Administrative officers under IGST Act? What are their powers ?
Administrative Officers under the IGST Act, 2017: Powers and Functions Explained The Integrated Goods and Services Tax (IGST) Act, 2017 forms a core pillar of […]
8. Define the term ‘Dealer’ and explain the different categories of dealers A.P. Value Added Tax Act 2005. covered by the AP Value Added Tax 2005.
The Andhra Pradesh Value Added Tax Act, 2005 (AP VAT Act), marked a significant shift from the traditional sales tax regime to a more streamlined […]
6. “Taxation Power is derived from Article 265 of the constitution of India” Explain theobjet of Taxation.
Taxation plays a vital role in shaping the economic structure of a nation. In India, the power to levy taxes is not arbitrary—it is constitutionally […]