CA PE II Group II : Income Tax and Central Sales Tax - November 2006

This Paper has 33 answerable questions with 0 answered.
Roll No………
Total No. of Questions— 6][Total No. of Printed Pages—6
Time Allowed : 3 HoursMaximum Marks : 100
Answers to questions are to be given only in English except in the cases of candidates who have opted for Hindi medium. If a candidate who has not opted for Hindi medium, answers in Hindi, his answers in Hindi will not be valued.
Questions of both the Sections have been given together without the Sections being mentioned in the question-paper. Candidates are advised to attempt all the required questions in the same answer-book.
Attempt all questions
Workings notes should form part of the answer. Wherever required, suitable assumptions may be made by the candidate.
Marks
1.(a)20 (0)
 (b)10 (0)
 
EITHER
  
2.(First Alternative)   
 (a)7 (0)
 (b)5 (0)
 
OR
  
2.(Second Alternative)   
 (a)6 (0)
 (b)6 (0)
3.(a)State with reasons, whether the following statements are true or false (All sub – divisions relate to income – tax assessment year 2006-07):5x2=10 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
 (b)Fill up the blanks (All sub – divisions relate to income – tax assessment year 2006-07):5x1=5 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
4.Write short notes on any three of the following: 3x6=18 
 (a)  (0)
 (b)  (0)
 (c)  (0)
 (d)  (0)
5.(a)Discuss whether the following statements are true or false, as per the provisions of the Central Sales – tax Act:5x2=10 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
 (b)Answer the following with regard to the provisions of the Central Sales – tax Act, 19565x1=5 
  (i)   (0)
  (ii)   (0)
  (iii)   (0)
  (iv)   (0)
  (v)   (0)
6.Write short notes on any two of the following, with reference to the provisions of the CST Act: 5x2=10 
 (a)  (0)
 (b)  (0)
 (c)  (0)