Corrigendum

Final Course Paper 7: Direct Tax Laws and International Taxation

In the printed copy of the Booklet on MCQs and Case Scenarios

[January, 2021 edition], students may note the following corrections:

Page Particulars
No.
109 In case scenario 18, in point (ii), the dates "10.4.2020" and "7.5.2020" to
be read as "10.4.2021" and "7.5.2021" respectively.
118 In Q.21.4, at the end (but before the options) the following words to be
added "and derives its income solely in convertible foreign exchange".
In Q.21.5, the initial words "If Delta Ltd. is located in an IFSC and" to be
read as "If Delta Ltd. is a company, being a unit of an IFSC, deriving
income solely in convertible foreign exchange"
113-114 In Q. 19.5 in page 113, in option (d), figure “` 36,000” to be read as
“` 27,000”. Consequently, in the answer key to Q. 19.5 in page 114, the
figure “` 36,000” to be read as “` 27,000”.
132 In case scenario 26, in point (iv), after the first sentence, the following
sentence to be added - "Pawan Ltd. is not a company in which public
are substantially interested"

Note – The above changes have been incorporated in the webhosted booklet on MCQs
and Case Scenarios.