CS Professional Direct Tax Law & Practice PYQ June 2021: Question Paper and Available Answers
CS Professional
5 - Direct Tax Law & Practice
PYQS Series
June 2021
21 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 5 - Direct Tax Law & Practice PYQS (June 2021). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Rust Ltd. is engaged in the business of manufacturing copper bottles. As a Company Secretary you are the key person and heading the taxation wing of the Company. The CFO of the Com
- Ascertain the tax payable by Rust Ltd. on the Total income of the Financial year 2020-21. Ignore MAT Provisions & provisions of section 115BAA. (Refer to the information provided i
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- KP (P) Ltd., a domestic Company having two undertakings engaged in manufacture cement and steel, decided to hive off cement division to SA(P) Ltd, a domestic Indian Company by way
- Atul, aged 32 years, a resident of India employed with FRT Pvt Ltd, received the following sums during the previous year 2020-21: Basic Salary ₹70,000 p.m. DA 12% of basic salary S
- Aadarsh, a resident and ordinarily resident in India, has derived the following income from various operations (relating to plantations and estates owned by him) during the year en
- Radhika aged 63 years, has gross total income of ₹7,75,000 comprising of income from house property and other sources. She has made the following payments and investments : Premium
- Discuss the following statements : Examine the circumstances where the appellant shall be entitled to produce additional evidence, oral or documentary, before the Commissioner of I
- Discuss the following statements : Company A and Company B who has entered into Advance Pricing Agreement (APA) and eligible for rollback provisions merged to form Company AB. Is t
- Discuss the following statements : The gross total income of Yuvraj Co. Ltd., Indore was ₹70 Lakh which is wholly attributable to a unit located in SEZ since April, 2012. Adjustmen
- FRX Ltd. gives a multilevel parking building in front of a shopping mall in Delhi to ABC Ltd. on a lease of 80 year. ABC Ltd. is liable to pay ₹3 Crore as one-time lease premium in
- Explain the treatment as to their taxability and/or allowability, under the provisions of Income Tax Act, 1961 for the AY 2021-22, in the following case : Saloni Ltd. paid Singapor
- "Stylish Trends" filed its return of income as partnership firm for the relevant assessment year admitting a total income of ₹160 Lakh. The firm consisted of fifteen individuals an
- The books of accounts maintained by Janta Vikash Party registered with Election Commission for the year ended 31st March 2021 disclosed the following receipts : Rent of Property le
- PWSI Ltd. engaged in the business of TMT manufacturing also effected the sales and purchase of shares of other Companies. It suffered loss from such transactions: Whether such Comp
- Under the provisions of a tax treaty between India and Dubai, any capital gains arising from the sale of shares of Sun India Ltd, an Indian Company would be taxable only in Dubai i
- The following are the details of income provided by Manish, the assessee for the financial year ended 31st March, 2021 : Rental income from property at Bangalore- ₹5,00,000, Standa
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.