SMU MBA 3 SEMESTER MF0012 & TAXATION MANAGEMENT FALL 2015-2016
SMU MBA FALL 2015 -2016
Dear Students,
SMU MBA FALL 2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”
ASSIGNMENT
DRIVE | Fall 2015 |
PROGRAM | MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDFMN (SEM 1) |
SUBJECT CODE & NAME | MF0012 &
TAXATION MANAGEMENT |
BK ID | B1760 |
CREDITS | 4 |
MARKS | 60 |
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
Q.No | Questions | Marks | Total Marks |
1 | Explain the objectives of tax planning. Discuss the factors to be considered in tax planning. | ||
Objectives of tax planning Factors in tax planning | 5
5 |
10 | |
2 | Explain the categories in Capital assets.
Mr. C acquired a plot of land on 15th June, 1993 for Rs.10,00,000 and sold it on 5th January, 2010 for Rs.41,00,000. The expenses of transfer were Rs.1,00,000. Mr. C made the following investments on 4th February, 2010 from the proceeds of the plot. a) Bonds of Rural Electrification Corporation redeemable after a period of three years,Rs.12,00,000 b) Deposits under Capital Gain Scheme for purchase of a residential house Rs.8,00,000 (he does not own any house) Compute the capital gain chargeable to tax for the AY2010-11. |
||
Explanation of categories of capital assets | 4 | 10 | |
Calculation of indexed cost of acquisition | 2 | ||
Calculation of long term capital gain | 2 | ||
Calculation of taxable long term capital gain | 2 | ||
3 | Explain major considerations in capital structure planning. Write about the dividend policy and factors affecting dividend decisions. |
Asset |
Date of acquisition | Book value (` lakh) |
Land | 10th February, | 30 |
Goodwill (raised in books on 31st March, | 2003 | 10 |
2005) | ||
Machinery | 5th April, 1999 | 40 |
Plant | 12th April, 2004 | 20 |
|
An importer imports goods for subsequent sale in India at $10,000 on assessable value basis. Relevant exchange rate and rate of duty are as follows:
Calculate assessable value and customs duty. |
|||
Meaning and explanation of customs duty | 2 | 10 | |
Explanation of taxable events for imported, warehoused and | 3 | ||
exported goods | 2 | ||
Listing of duties in customs | 3 | ||
Calculation of assessable value and customs duty. |
SMU MBA FALL 2015 -2016
Dear Students,
SMU MBA FALL 2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”