CS Professional Advanced Tax Laws PYQ June 2024: Question Paper and Available Answers
CS Professional
Advanced Tax Laws
PYQS Series
June 2024
45 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Advanced Tax Laws PYQS (June 2024). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Swadeshi Pvt. Ltd., a registered person in Lucknow (Uttar Pradesh) under GST Laws is a supplier of goods and pays GST tax under regular scheme. It has made the following transactio
- Rajshree, a resident of Ahmedabad (Gujarat), commenced her business of supply of goods in the month of April 2023. She has provided the following information: (i) Her intra-state t
- Rajshree, a resident of Ahmedabad (Gujarat), commenced her business of supply of goods in the month of April 2023. She has provided the following information: (i) Her intra-state t
- Kala Niketan, registered in Jaipur, Rajasthan, wishes to organise a 'Balle Dance Concert' in Nagpur, Maharashtra. Kala Niketan enters into a contract with an event management compa
- Vithal is a trader, registered in Nashik (Maharashtra), under the regular scheme under GST Law. On the GST portal, his electronic liability register, show the following tax and oth
- Eastern Traders Pvt Ltd, a registered entity under GST Law in Cuttack (Odisha), is engaged in the supply of various goods and services. Following transactions towards outwards supp
- Examine, with appropriate explanation, whether the suppliers are eligible for composition levy under section 10 of CGST Act, 2017, in the following independent cases in the beginni
- Examine, with appropriate explanation, whether the suppliers are eligible for composition levy under section 10 of CGST Act, 2017, in the following independent cases in the beginni
- Anil, a trader registered under regular scheme, has opted to file returns of GSTR-1 and GSTR-3B on monthly basis. He has filed GSTR-3B for the month of May, 2023 within due date i.
- Anil, a trader registered under regular scheme, has opted to file returns of GSTR-1 and GSTR-3B on monthly basis. He has filed GSTR-3B for the month of May, 2023 within due date i.
- (i) When is Dynamic Quick Response (QR) Code applicable to supplier who issue invoice to unregistered persons?
- (ii) What is the amount of penalty for non-compliance of Dynamic Quick Response (QR) Code, when applicable?
- (iii) List the suppliers (any three) to whom Dynamic Quick Response (QR) Code is not applicable.
- Amit an unregistered person has taken a loan from the public sector Bank on 15th August, 2022 worth ₹ 1.95 Crore and purchased a machine on 17th August, 2022 for ₹ 2.10 Crore. Subs
- Bharat has committed offence under CGST Act which can be compounded as per provisions of section 138(1) of the CGST Act, 2017. He has paid the tax amount of ₹ 6 lakhs involved in t
- Rajkumar is registered under GST in Gujarat, West Bengal and Odisha. Due to closure of business activities in Odisha with effect from 30th April, 2023, Rajkumar filed an applicatio
- Rajkumar is registered under GST in Gujarat, West Bengal and Odisha. Due to closure of business activities in Odisha with effect from 30th April, 2023, Rajkumar filed an applicatio
- Examine and decide, whether e-way bill is required in the following situations ? (a) Where goods transit through another State while moving from one area in a State to another area
- Examine and decide, whether e-way bill is required in the following situations ? (b) Where goods move from a DTA unit to a SEZ unit or vice versa located in the same State.
- Banshi is engaged exclusively in supply of taxable goods from three different states. The particulars of intra-state supplies for the financial year 2023-24 are as follows: State T
- Banshi is engaged exclusively in supply of taxable goods from three different states. The particulars of intra-state supplies for the financial year 2023-24 are as follows: State T
- Kamal, a taxable person issued a tax invoice on 20th May, 2023 involving input tax credit (ITC) of ₹ 15 lakhs to Mahendra, a registered person, who, being eligible, utilised the sa
- "Under the GST law, taxes on taxable services supplied by the Central Government or the State Government to a business entity in India are payable by the recipient of services." En
- As per the relevant provisions of the GST law, answer the following independent situations relating to GST procedure : (i) Khusboo, a trader, engaged in the buying and selling of p
- As per the relevant provisions of the GST law, answer the following independent situations relating to GST procedure : (ii) Sweet Parlour is a chain of shops supplying sweets and s
- "An appeal to the Appellate Authority cannot be filed manually under any circumstances." Comment on the validity of the above statement with reference to GST law.
- Sunita Thomas, a non-resident Indian from Canada donated a milk processing machinery to Matri Charitable Trust (MCT) of Mumbai. MCT paid commission to local agent in India. Assista
- Ascertain whether the exporter is entitled to duty drawback in the following independent cases and if yes, what is the quantum of such duty drawback ? (i) FOB value of goods export
- Ascertain whether the exporter is entitled to duty drawback in the following independent cases and if yes, what is the quantum of such duty drawback ? (ii) FOB value of 2,000 kg of
- Ascertain whether the exporter is entitled to duty drawback in the following independent cases and if yes, what is the quantum of such duty drawback ? (iii) FOB value of 2,000 kg o
- Bristo is employed as a marketing manager in a FMCG company. On 20th August, 2023, he received a motor car as gift from a distributor of the company. The market value of the gifted
- Tax recovery officer attached the properties of C and D, two directors of PQR Pvt Ltd (a company in liquidation) in respect of the tax due from the company and also for interest an
- What is the remedy available to an applicant who is aggrieved by the ruling of Board for Advance Rulings? Also, state the time limit within which he should exercise this remedy.
- Explain the meaning of the following terms in context of Income Tax Act, 1961: (i) Juridical Double Taxation
- Explain the meaning of the following terms in context of Income Tax Act, 1961: (ii) Economic Double Taxation.
- State any three conditions, which must be satisfied in order to attract Section 69A of the Income Tax Act, 1961 regarding unexplained money.
- B Inc. London has 37% equity in RTP Ltd. an Indian Company. The company RTP Ltd is engaged in development of software and maintenance of customers across the globe, which includes
- With reference to General Anti-Avoidance Rules (GAAR), answer the following independent situations: (i) The merger of a loss-making company with a profit making one results in loss
- With reference to General Anti-Avoidance Rules (GAAR), answer the following independent situations: (ii) PP Ltd, an Indian Company, has two manufacturing units, unit A in the SEZ a
- What is meant by Digital economy? What are the taxation issues in E-Commerce ? List out the OECD recommendations under Action Plan 1 which deals with the digital economy.
- Raghav is appointed as 'Official Assignee', in respect of insolvency proceedings initiated against Paritosh Ltd. You are required to advise him whether he will be treated as Repres
- Rishabh Private Limited is a closely held company. Its board of directors decided to issue 1000 shares face value of which is ₹ 100 per share, fair market value of which is ₹ 200 p
- Sudoku Ltd., an Indian company, is engaged in the business of manufacture and sale of lamp shades. To expand its international sales, it hired the services of a New York based comp
- Sudoku Ltd., an Indian company, is engaged in the business of manufacture and sale of lamp shades. To expand its international sales, it hired the services of a New York based comp
- Sudoku Ltd., an Indian company, is engaged in the business of manufacture and sale of lamp shades. To expand its international sales, it hired the services of a New York based comp
How to Prepare for CS Professional Advanced Tax Laws
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