CS Professional Advanced Tax Laws PYQ June 2019: Question Paper and Available Answers
CS Professional
Advanced Tax Laws
PYQS Series
June 2019
38 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Advanced Tax Laws PYQS (June 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Mudit Enterprises, registered in the state of Maharashtra (Mumbai) is engaged in supply of various goods and services exclusviely to persons notified under section 51 of the CGST A
- Amar Publishing House, registered under CGST Act, 2017 in Delhi is engaged in printing and selling of books as well as trading of stationery items. It has provided following inform
- Ramakrishna Trivedi, a registered supplier of Bengaluru has received the following amounts from the various activities undertaken by him during the month ended on 31st October, 201
- Gokhale & Sons is registered in Karnataka and paying GST under composition scheme, provides the following details for the tax period ended on 31st December, 2018: S.No. Particulars
- Determine with reason, whether the following statements are true or fasle with reference to provisions of GST law: (i) "A registered person shall issue separate invoices for taxabl
- Determine with reason, whether the following statements are true or fasle with reference to provisions of GST law: (ii) "A Non-banking financial company (NBFC) can issue a consolid
- Determine with reason, whether the following statements are true or fasle with reference to provisions of GST law: (iii) 'It is mandatory to issue a tax invoice in case a registere
- Parthiv Chemicals Pvt. Ltd. is a manufacturing company registered under GST in the State of Maharashtra. It manufactures two taxable products "Sun" and "Moon", and one exempt produ
- Mrs. Bharghavi is a registered supplier under GST law in Coimbatore, Tamil Nadu, running a factory for manufacture of electric motors. For giving training to her employees, she has
- Will your answer be different, if Mrs. Bharghavi is not a registered supplier ?
- In the situation given in the problem, if the training is to be provided at Singapore, what will be the place of supply ?
- What is the meaning of "Search warrant" with reference to CGST Act, 2017? State the contents of "Search warrant" also.
- Jitendra Ltd., of Delhi, a registered supplier, is manufacturing taxable goods. It provides the following details of taxable supply made by it for the month of March, 2019 : Partic
- Jayant Pvt. Ltd. of Jaipur (Rajasthan) provides the following information of the supplies made for the year 2017-18: S.No. Particulars Amount (₹) (i) Sale of high speed diesel on w
- Determine the amount of Input Tax Credit (ITC) admissible to JKL Ltd., in the month of September, 2018 in respect of various inward supplies during the month from the following inf
- XY Company received an adjudication order passed by the Assistant Commissioner of Central Tax on 2nd December, 2018 under section 73 of the CGST Act, 2017 wherein it was decided as
- Green & Green Private Limited has been issued a show cause notice (SCN) on 15th March, 2019 under section 73(1) of the CGST Act, 2017 on account of short payment of tax for the mon
- Deepak Garg started supply of goods within the state of Rajasthan from 1st December 2018. His turnover exceeded ₹20 lakh on 25th January 2019. However, he didn't apply for registra
- Kishore, an unregistered person under GST, purchases the goods supplied by Sanjay who is a registered person without receiving a tax invoice and thus helps in tax evasion. Determin
- State the matters on which Advance Ruling can be sought under GST Law. State any four such matters as specified under the CGST Act, 2017.
- Saraswathi Polymers Pvt. Ltd., has two units, one in Coimbatore, Tamil Nadu and another in Thrissur, Kerala. In the Coimbatore unit, it manufactures customised products only. Each
- Goyal Manufacturers, a registered person, instructs its one of the suppliers to send the input directly to Sumit Enterprises, who is a job worker, outside its factory premises for
- ABC Ltd. imported a machine from UK in November, 2018. The details in this regard are as under: (i) FOB value of the machine 12,000 UK Pound (ii) Freight (Air): 4000 UK Pound (iii)
- Shandaar Scraps Ltd., imported during October, 2018 by sea a consignment of metal scrap weighing 7,000 M.T. (metric tonnes) from U.S.A. They filed a bill of entry for home consumpt
- "Transfer pricing adjustments must be made while computing book profit for levy of Minimum Alternate Tax (MAT)". In the context of provisions contained in the Income-tax Act, 1961,
- Specify with brief reason, whether the following acts can be considered as an act of (i) Tax management; or (ii) Tax planning; or (iii) Tax evasion: or (iv) Tax avoidance : (i) To
- Specify with brief reason, whether the following acts can be considered as an act of (i) Tax management; or (ii) Tax planning; or (iii) Tax evasion: or (iv) Tax avoidance : (ii) A
- Specify with brief reason, whether the following acts can be considered as an act of (i) Tax management; or (ii) Tax planning; or (iii) Tax evasion: or (iv) Tax avoidance : (iii) C
- Briefly explain the provision of section 115 BBG of The Income Tax Act, 1961, regarding taxability of income earned from transfer of "Carbon Credits" for assessment year 2019-20.
- An individual has business income of ₹35,00,000 for previous year 2018-19. He for the previous year 2017-18 was subject to Alternate Minimum Tax (AMT) because of claiming deduction
- ABC Ltd. has 2 factories one of which is in SEZ, Company moves the produce of the non SEZ factory at a price considerably lower than the fair market value to the SEZ factory. This
- The net profit as per Statement of Profit and Loss of PQR Ltd., a resident company for the year ended 31st March, 2019 is ₹280 lakh arrived at after debiting/crediting following it
- Explain the consequences that would follow if the Assessing Officer makes adjustment to Arm's Length Price (ALP) in international transactions of the assessee resulting in increase
- Zonik Inc of Canada holds 35% shares of Gama India Ltd. Gama India Ltd. imports 2000 unit of product X from Zonik Inc Canada at a price of ₹1,500 per unit and these are sold to Sun
- Jim Crow Tex. Inc. is a company incorporated in London (England). 60% of its shares are held by Sampat Pvt. Ltd. a domestic company. Jim Crow Tex. Inc. has its presence in India al
- Jyoti Limited of Kolkata is a company in which 70% of the shares are held by Sanjana Limited of Jaipur. Jyoti Limited declared a dividend amounting to ₹40 lakh to its shareholders
- State with reasons, whether Jackson LLC., (incorporated in Japan) and Vijayshree Ltd. a domestic company, are/can be deemed to be associated enterprises for the transfer pricing re
- State with reasons, whether Jackson LLC., (incorporated in Japan) and Vijayshree Ltd. a domestic company, are/can be deemed to be associated enterprises for the transfer pricing re
How to Prepare for CS Professional Advanced Tax Laws
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.