1.

Discuss the provisions relating to profits & gains of certain undertakings in certain states
(u/s 80IC.).
2. Explain the Provisions of tax planning of repair, replacement and renovation of an asset.
3. Discuss the provisions relating to tax planning in relation to dividend income.
4. What are reasons to suffer the business with losses? Explain.
5. Explain the factors affecting the tax planning with reference to specific management
decisions towards Make or Buy of a product.
6. India Pvt. Ltd. Wants to expand business. For its expansion it requires Rs. 1 crore and it
expects their returns @ 20% before providing interest and taxes. Company has following
options:
Option- 1: to rise through only equity of Rs. 100 each.
Option – 2: 50% equity and remaining to debentures @12%.
Option – 3: 60% through loan from bank @14% and remaining through equity.

Suggest to the company which alternative is best for selection.