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2. The project manager is also the director of FS, only one of the departments that will be affected
by the new benefits system. Does this seem like a good idea? What are the pros and cons of her
selection?
3. Comment on the team members’ part time assignment to the project and the expectation that
they give the project top priority.
4. Much of the success of this project depends on the performance of team members who are not
employed by Quick, namely the HBS consultants. They must develop the entire hardware/software
benefits system. Why was an outside firm likely chosen for such an important part of the project
manager in meeting project goals?
TAXATION
1. A) When an individual will be Not ordinary resident?
B) Explain in detail about which incomes are taxable for ordinary resident, not ordinary resident,
not ordinary resident and non-resident.
2. A) Explain exempted house property incomes.
B) How to treat partly let out and partly self-occupied houses?
3. A) Whether “Expenditure of Personal Nature” is allowed or disallowed while calculating
income from business or profession – Comment.
B) Brief about “Under-valuation and Over-valuation of Stock” with suitable example.
4. A) Explain various assets which are not included in capital assets.
B) Bring out various deductions that are available while calculating long-term capital gains.
5. A) Explain the various methods of accounting.
B) Explain the various kinds of securities and their tax treatment.
6. A) Write short notes on 80G.
B) Bring out various deductions available from GTI while calculating taxable income.
7. A) Explain the tax rates applicable to
i) An ordinary individual ii) A women below 65 years of age.
iii) A senior citizen above 65 years of age.
B) Explain the rules regarding calculation of remuneration while working out firms income.
8. A) Briefly discuss set-off and carry-forward of losses.
B) Write short notes on clubbing of income.
9. A) Discuss the concept “Tax Planning”. B) Discuss “E-filing”.
10. A) Discuss the nature of offence and punishments.
B) Discuss about Advance Tax and Tax Deducted at Source.