Roll Number: _______________ Total No.

of Pages: 02

Total No. of Questions: 05

BBA (Semester- 6th)

DIRECT AND INDIRECT TAX LAW

Subject Code: BBA-622-18

RE-MST (Date of Exam: 29th/April /2025), Session: E

Time: 1:30 hr Max Marks: 24

Instructions to Candidates:

● Section A (Compulsory): All questions are mandatory. Each question carries 2 marks.

● Section B (Attempt any 2 out of 3): Attempt any two questions. Each question carries
10 marks.
● Students will not be permitted to leave the examination hall within the first one hour.
SEC A A B B B B
Q/NB 1 2 3 4 5a 5b
Map with Co CO2 CO3 CO5 CO3 CO1 CO2
Map with Bloom’s L-2 L-1 L-4 L-5 L-5 L-3
Level

Section-A

1. Explain Short term capital gain.

2. Define Total Income as per income tax act,1961.

Section-B

3. Analyze how GST models impact on the business enterprises.

4. “Set off and carry forward losses helps a person for tax planning or not.” Do you

agree? If yes,then support your answer with various provisions of set off and carry

forward losses.

5. a)“Is it mandatory to file ITR if income is not taxable?” comment.

1| April 2025 RE-MST

b) Mr. Anand Das furnishes the following particulars of his income earned during the

previous year relevant to the assessment year 2024-25:

Rs.

1. Interest on German Development Bonds (one-third is received in India) 51,000

2. Dividend from an Indian Company 15,000

3. Income from property in Canada received in the U.S.A. 1,10,000

4. Income earned from business in Kuwait, business being controlled

from Mumbai (Rs.25,000 is received in India) 65,000

Compute his Gross Total Income , If he is:

(i)Resident, (ii) Not Ordinarily Resident, (iii) Non-Resident.

Note: Disclosing your identity by writing your mobile number or marking a passing request
on any page of the answer sheet will result in an Unfair Means Case (UMC) being filed
against the student."

1| April 2025 RE-MST

Roll Number: _______________ Total No. of Pages: 02
Total No. of Questions: 05
BBA (Semester- 6th)
DIRECT AND INDIRECT TAX LAW
Subject Code: BBA-622-18
RE-MST (Date of Exam: 29th/April /2025), Session: E
Time: 1:30 hr Max Marks: 24
Instructions to Candidates:

● Section A (Compulsory): All questions are mandatory. Each question carries 2 marks.

● Section B (Attempt any 2 out of 3): Attempt any two questions. Each question carries
10 marks.
● Students will not be permitted to leave the examination hall within the first one hour.
Section-A
1. Explain Short term capital gain.
2. Define Total Income as per income tax act,1961.
Section-B
3. Analyze how GST models impact on the business enterprises.
4. “Set off and carry forward losses helps a person for tax planning or not.” Do you
agree? If yes,then support your answer with various provisions of set off and carry
forward losses.
5. a)“Is it mandatory to file ITR if income is not taxable?” comment.
b) Mr. Anand Das furnishes the following particulars of his income earned during the
previous year relevant to the assessment year 2024-25:
Rs.
1. Interest on German Development Bonds (one-third is received in India) 51,000
2. Dividend from an Indian Company 15,000
3. Income from property in Canada received in the U.S.A. 1,10,000
4. Income earned from business in Kuwait, business being controlled
from Mumbai (Rs.25,000 is received in India) 65,000
Compute his Gross Total Income , If he is:
(i)Resident, (ii) Not Ordinarily Resident, (iii) Non-Resident.

Note: Disclosing your identity by writing your mobile number or marking a passing request
on any page of the answer sheet will result in an Unfair Means Case (UMC) being filed
against the student."

1| April 2025 RE-MST

Roll Number: _______________ Total No. of Pages: 02
Total No. of Questions: 05
BBA (Semester- 6th)
DIRECT AND INDIRECT TAX LAW
Subject Code: BBA-622-18
RE-MST (Date of Exam: 29th/April /2025), Session: E
Time: 1:30 hr Max Marks: 24
Instructions to Candidates:

● Section A (Compulsory): All questions are mandatory. Each question carries 2 marks.

● Section B (Attempt any 2 out of 3): Attempt any two questions. Each question carries
10 marks.
● Students will not be permitted to leave the examination hall within the first one hour.
Section-A
1. Explain Short term capital gain.
2. Define Total Income as per income tax act,1961.
Section-B
3. Analyze how GST models impact on the business enterprises.
4. “Set off and carry forward losses helps a person for tax planning or not.” Do you
agree? If yes,then support your answer with various provisions of set off and carry
forward losses.
5. a)“Is it mandatory to file ITR if income is not taxable?” comment.
b) Mr. Anand Das furnishes the following particulars of his income earned during the
previous year relevant to the assessment year 2024-25:
Rs.
1. Interest on German Development Bonds (one-third is received in India) 51,000
2. Dividend from an Indian Company 15,000
3. Income from property in Canada received in the U.S.A. 1,10,000
4. Income earned from business in Kuwait, business being controlled
from Mumbai (Rs.25,000 is received in India) 65,000
Compute his Gross Total Income , If he is:
(i)Resident, (ii) Not Ordinarily Resident, (iii) Non-Resident.

Note: Disclosing your identity by writing your mobile number or marking a passing request
on any page of the answer sheet will result in an Unfair Means Case (UMC) being filed
against the student."

1| April 2025 RE-MST