ASSIGNMENT DRIVE FALL 2013 PROGRAM/SEMESTER MBADS (SEM 3/SEM 5) / MBAN2 / MBAFLEX (SEM 3) / PGDFMN (SEM 1) SUBJECT CODE

ODE & MF0012 & TAXATION MANAGEMENT NAME BK ID B1760 CREDIT 4 MARKS 60

Marks Total Marks Criteria Q.No Explain the concept of tax planning and the factors to be considered in tax planning. Give the 1 difference between tax planning and tax evasion. A Concept of tax planning Factors in tax planning Differences between tax planning and tax evasion 2 A Explain the process of tax payment. Explanation of whole process of tax payment through: Individuals Partnerships Companies Write short notes on: Capital gain Cost of acquisition Cost of improvement Expenditure on transfer Transfer Each short note carries 2 marks each-(5*2= 10 marks) 10 10 2 3 5 10

10 4 2 4

Explain the computations of Tax in two aspects given below: Tax provision for Computation of Total income of firms Computation of partnership firms book profit. Steps to be explained for the computation of total

income of firms Steps for computation of partnership firms 5 A

5 5

10

Explain the service tax law in India. Give the concept of negative list. Introduction of service tax law in India 5 Concept of negative list 5

10

6 A

Identify and explain the major considerations in capital structure planning. Explain two approaches in dividend policy and factors affecting dividend decisions. Major considerations in capital structure planning 6 Two approaches in dividend policy 2 10 Factors affecting dividend decisions 2

*A-Answer 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.