Time: 3 Hours; Marks: 60
Unit-1: Deductions from Gross Total Income.
Unit-2: Computation of Tax Liability of an Individual.
Unit-3: TDS and Advance Payment of Tax.
Unit-4: Introduction to Indirect Taxes.
Meaning and Classification:
I. VAT/CST - Scope, Interstate and Intrastate Sales, Objectives, Benefits, Limitations, Various Forms under CST.
II. Service Tax.
- Nature of Service Tax.
- Service Provider and Receiver.
- Value of Service.
- Negative List under Service Tax.
- (i) Registration.
- (ii) Billing.
- (iii) Payment.
- (iv) Returns.