CA PE II Group II : Income Tax and Central Sales Tax - November 2008

This Paper has 30 answerable questions with 0 answered.
Roll No……………
Total No. of Questions — 6][Total No. of Printed Pages — 3
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.
The Suggested Answers for Paper – 5: Income–tax and Central Sales Tax are based on the provisions applicable for A.Y.2008–09, which is the assessment year relevant for November 2008 examination.
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Marks
1.(a)20 (0)
 (b)10 (0)
2.12 (0)
 (a)6x2=12 (0)
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3.(a)State with proper reasons whether the following statements are True/False with regard to the provisions of the Income–tax Act, 1961:2x5=10 
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 (b)Fill in the blanks by choosing the correct answer from the brackets:1x5=5 
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4.Write short notes on any three of the following: 6x3=18 
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5.(a)State with proper reasons whether the following statements are True/False with regard to the provisions of the Central Sales–tax Act, 1956 :5x2=10 
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 (b)Fill in the blanks with reference to the provisions of the Central Sales–tax Act, 1956 :1x5=5 
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6.10 (0)