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 […]
Tag: osmania university llb 6th semester previous question papers
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, […]
13. Discuss the scope of Tax Laws and the constitutional provisions relating to Tax
Scope of Tax Laws and Constitutional Provisions Related to Taxation in India In a growing economy like India, taxes form the backbone of government revenue. […]
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 […]
7. When and to what extent Capital Gains are exempted from Tax under Income Tax Act
Capital Gains Tax Exemptions under the Income Tax Act: When and How Much is Exempt? Capital gains taxation in India is a critical component of […]
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 […]
5. Explain the term Dealer and Total Turnover” under VAT Act 2005
Understanding “Dealer” and “Total Turnover” under VAT Act, 2005: A Comprehensive Guide Taxation in India has gone through several structural changes over the past two […]