CS Professional Advanced Tax Laws PYQ June 2022: Question Paper and Available Answers
CS Professional
Advanced Tax Laws
PYQS Series
June 2022
49 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Advanced Tax Laws PYQS (June 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- SK Health and diagnostic centre situated in Noida, registered under GST furnishes the following figures of their collection from various medical services provided to the patients f
- Kajri Pvt. Ltd., a registered supplier, is engaged in the manufacture of taxable goods. The company provides the following information pertaining to purchase made/services availed
- Mahaveer International entered into a transaction for import of goods from a vendor located in Germany. Due to financial issues Mahaveer International was not in a situation to cle
- Mention the Provisions of the penalty under the GST Law relating to the following offences: (i) Ram collects ₹25,000 on account of GST from customers and failure to pay it to the c
- Mention the Provisions of the penalty under the GST Law relating to the following offences: (ii) Shyam collects ₹7,500 on account of GST from customers and failure to pay it to the
- Mention the Provisions of the penalty under the GST Law relating to the following offences: (iii) Jai fails to deduct tax in accordance with the provision of section 51 of CGST Act
- Mention the Provisions of the penalty under the GST Law relating to the following offences: (iv) Vijay fails to collect tax in accordance with the provision of section 52 of CGST A
- Mention the Provisions of the penalty under the GST Law relating to the following offences: (v) R.K. claimed and obtained ₹1,50,000 fraudulently by way of refund under CGST Act, 20
- Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (i) Sunshine Pvt. Ltd. engaged in s
- Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (ii) Deep Ltd. provided management
- Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (iii) A provided the professional s
- Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (iv) Ankit Kumar purchased some goo
- Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (v) TPS Ltd. is an Indian Company.
- Lalit Industries, registered in Assam, is engaged in making inter-state supplies of hosiery garments. The aggregate turnover of Lalit Industries in the preceding financial year is
- XYZ Pvt. Ltd., Nagpur, provide housekeeping services. The company supplies its services exclusively through an E-commerce website owned and managed by Elixir Technology Pvt. Ltd.,
- Aryan & Sons is an unregistered dealer of taxable supplies in Delhi. On 10th September, 2021 aggregate turnover of Aryan & Sons exceeded ₹20,00,000. The firm applied for registrati
- Secure Meter Ltd., registered in Gurgaon, Haryana, is engaged in manufacturing heavy steel machinery. It enters into an agreement with Rajveer Associates, registered in Delhi, for
- Nizam Traders, registered in New Delhi, is engaged in supply of taxable goods. Its turnover in the preceding FY 2020-2021 was ₹230 lakh and was furnishing its GST return on monthly
- Write the difference between zero rated supply and exempted supply under the GST Law.
- State few cases where refundable amount shall be paid to the applicant, instead of being credited to Consumer Welfare Fund under CGST Act, 2017.
- Piyush Manufactures, a registered person, instructs its supplier to send the capital goods directly, to Vijay Enterprises, who is a job-worker, outside its factory premises for car
- Explain the recourse that may be taken by the officer in case proper explanation is not furnished for the discrepancy detected in the return filled, while conducting scrutiny of re
- Mention the provision and features relating to Registration of non-resident taxable person under the CGST Act, 2017.
- State the circumstances when the proper officer can authorize to 'arrest' of any person under the CGST Act, 2017.
- What is the Provision of applicability of GST on supply of food in Anganwadi's and Schools ? Define the latest Clarification in this regard as per 43rd GST council meeting.
- Briefly explain the following with reference to the Customs (Determination of Value of Imported Goods) Rules, 2007: (i) Goods of the same class or kind
- Briefly explain the following with reference to the Customs (Determination of Value of Imported Goods) Rules, 2007: (ii) Place of Importation
- Briefly explain the following with reference to the Customs (Determination of Value of Imported Goods) Rules, 2007: (iii) Computed Value.
- Balu Ram Ltd. imported White Kerosene Oil (WKO) and stored it in a warehouse. An ex-bond bill of entry for home consumption was filed and duty was paid as per the rate prevalent on
- Examine with reasons, the allowability of the following expenses incurred by Anand, a wholesale dealer of commodities, under the Income Tax Act, 1961 while computing profit and gai
- Examine with reasons, the allowability of the following expenses incurred by Anand, a wholesale dealer of commodities, under the Income Tax Act, 1961 while computing profit and gai
- Examine with reasons, the allowability of the following expenses incurred by Anand, a wholesale dealer of commodities, under the Income Tax Act, 1961 while computing profit and gai
- XYZ Ltd. makes the following payments to Rahim, a contractor, for contract work during the P.Y. 2021-22: ₹20,000 on 1.05.2021 ₹25,000 on 1.08.2021 ₹28,000 on 1.12.2021 On 1.03.2022
- The concept of Permanent Establishment is one of the most important concepts in determining the tax implications of cross border transactions. Examine the significance thereof, whe
- Assessing Officer can complete the assessment of income from international transaction in disregard of the order passed by the Transfer Pricing Officer by accepting the contention
- Briefly explain the following subjects in the context of International Taxes : (i) Tax Havens
- Briefly explain the following subjects in the context of International Taxes : (ii) Exchange Controls.
- The net profit as per Statement of Profit and Loss of Stable Ltd., a resident company for the year ended 31.03.2022 is ₹390 lakh after arrived the following adjustments : (i) Depre
- Comment on the following independent situations, whether P.C. Ltd. (domestic company) and R.D. Ltd. (incorporated in UK) constitute "associated enterprises" under the provisions of
- Comment on the following independent situations, whether P.C. Ltd. (domestic company) and R.D. Ltd. (incorporated in UK) constitute "associated enterprises" under the provisions of
- Comment on the following independent situations, whether P.C. Ltd. (domestic company) and R.D. Ltd. (incorporated in UK) constitute "associated enterprises" under the provisions of
- Comment on the following independent situations, whether P.C. Ltd. (domestic company) and R.D. Ltd. (incorporated in UK) constitute "associated enterprises" under the provisions of
- Comment on the following independent situations, whether P.C. Ltd. (domestic company) and R.D. Ltd. (incorporated in UK) constitute "associated enterprises" under the provisions of
- State briefly the objectives and the factors of a tax treaty made between two contracting States.
- On January 20, 2022 TPS Ltd. a domestic company purchases its own shares (face value ₹10 per share, amount offered to shareholders: ₹90 per share). Total amount distributed by TPS
- Explain briefly the provision of General Anti Avoidance Rule ('GAAR') in the following independent cases: (a) General Anti Avoidance Rule ('GAAR') is regulated by section 95 of Inc
- Explain briefly the provision of General Anti Avoidance Rule ('GAAR') in the following independent cases: (b) Where relief is available under double taxation avoidance agreement (D
- Explain briefly the provision of General Anti Avoidance Rule ('GAAR') in the following independent cases: (c) Impermissible avoidence agreement is the substance of GAAR. Mention in
- In respect of a non-resident, what are the key parameters for determining the existence of "Business Connection" in India ?
How to Prepare for CS Professional Advanced Tax Laws
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