CS Professional Direct Tax Law & Practice PYQ December 2021: Question Paper and Available Answers
CS Professional
5 - Direct Tax Law & Practice
PYQS Series
December 2021
15 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 5 - Direct Tax Law & Practice PYQS (December 2021). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Shipa Ltd. is engaged in the business of manufacturing fabrics since 1st April, 2012 and earned a profit of ₹ 750 lakh for the previous year ended 31st March, 2021 after debiting o
- Keerthana Business Trust is registered under SEBI (Real Estate Investment Trusts) Regulations, 2014 provides the following particulars of its income for the previous year 2020-21:
- Mr. and Mrs. Raju have 7 children. Their income under the head 'profits and gains from business or profession' of ₹ 3,00,000 and ₹ 4,00,000 respectively during the previous year 20
- Kavi is earning a salary of ₹ 40,000 per month from Pranshul Ltd. He is given an option by his employer either to take house rent allowance or a rent free accommodation which is ow
- The following information is supplied to you in respect of four house properties for the previous year 2020-21. Particulars House 1 House 2 House 3 House 4 Status at Mumbai Abu Kol
- A, B and C are partners in a firm sharing profits and losses in the ratio of 1:1:2. They provide the following information from which you are required to compute net income of the
- Narmada is an individual resident retired from the service of Prasar Bharati aged 61 years, is a well known dramatist deriving income of ₹ 2,20,000 from theatrical works played abr
- P Ltd. is shifting its undertaking from Jaipur to Napasar (other than urban area). It has sold its 4 machineries and 2 sets of furniture during the previous year 2020-21 as under:
- An enterprise engaged in the business of manufacturing of steel balls discontinued its activities and decided to lease out its factory building, plant and machinery and furniture f
- Ascertain the capital gains/loss on transfer of listed equity shares and units of equity oriented mutual fund (STT paid at the time of transfer of units) for the assessment year 20
- Ayush Motors Limited an Indian Company declared income of ₹ 300 crore computed in accordance with Chapter IV-D but before making any adjustments in respect of the following transac
- Rama aged 65 years is Karta of his HUF, which consists of himself, his wife and two sons viz., C of 28 years and Minor D aged 16 years. The HUF is assessed to income tax and has bu
- Rama aged 65 years is Karta of his HUF, which consists of himself, his wife and two sons viz., C of 28 years and Minor D aged 16 years. The HUF is assessed to income tax and has bu
- Rama aged 65 years is Karta of his HUF, which consists of himself, his wife and two sons viz., C of 28 years and Minor D aged 16 years. The HUF is assessed to income tax and has bu
- Murugan is an individual age 48 years set up a unit in SEZ during the financial year 2017-18 for production of washing machines. The unit fulfills all the conditions of section 10A
How to Prepare for CS Professional 5 - Direct Tax Law & Practice
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.