Sikkim Manipal Online mba

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

 

	Particulars     Date Exchange Rate Declared by CBE&C Rate of Basic Customs Duty Date of submission of bill of entry 25th February, 2010 ` 45/$ 8% Date of entry inwards granted to the vessel 5th March, 2010 ` 49/$ 10%

 

	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 ”