c 34A62

SE\IENTH SEMESTER B.B.A, LL.B. (HONOURS) DEGREE EXAMINATION

JUNE 2018
B.B.A., LL.ts.
CL 1g-PRINCIPLES OF TAXATION LAW
fime : Three Hours Maximum : 75 Marks
Part I
Answer d,ny six questions.
Each question carries 5 marks.
' 1. Write a note on'tax holiday'.
2. Explain regredsive method of taxation
3. Explain the relevance of the Seventh Sched.ule of Indian Constitution.
4. Examine Article 27 of Indian constitution uis-a-uis taxation.
5. Distinguish between {tax, and,fee,.
6. Write a note on Money Bill.
7. Examine the system of toration in Arthasasthra
8. Exav'''ine the merits and demerits of direct and indirect taxes.
(6x5=30marks)
Part II
Answer any two questions.
Each camies lO marhs.
1. Explain the functions of the Central Board of Direct Taxes (CBDT).
2. Compared to the entertainment tax levied on cinema theatres located in villages, a higher rate of
ta:r was levied on cinema theatres Iocated in metropolitan cities. IWs Crowl Cirr"*ui, a theatre
lgcated in a metropolitan city challenges this as violative of the right to equality guaranieed under
the Constitution of India. Decide.
3. Explain the four carurons of taxation enumerated by Adam smith.
(2 x 10 = 20 marks)
Part III
Answer any two questions.
Each carries L2.5 marks.
1. "Trade, cornmerce and intercourse throughout ttre territory of India shall be free,, (Article 801,
Constitution of India)-Elucidate
2. Examine the Indian Constitutional provisions relating to taxation
3. Examine ttre functions of Finance Commissions.
(2 x L2.5 = 25 marks)