Sunday, March 12, 2017

Taxation – Direct & Indirect - Assignment Help


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Taxation – Direct & Indirect

1. “There are certain instances where the cost of an asset to the previous owner shall be taken as the deemed cost of acquisition for the purpose of computing capital gain if such asset is transferred later on”. Discuss.

2. Discuss any four types of losses that can be carried forward mentioning –

·         The income against which such carried forward losses can be set off in next year

·         The time limit for carry forward of such losses. If, any.

3. A) Valuation under section 4A of the Central Excise Act, 1944 is based on Maximum Retail Price. Discuss the conditions to be satisfied in order to impose duty on any commodity based on its MRP.




CONTACT: PRAKASH

Mob: +919741410271 / +918722788493





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