+3-VI-S-CBCS(MS)-Com(H&P)-Core-XIl/DSC-11-A& CG

R&B

2023
Time :As in Programme
FullMarks : 80
The figures in the right-hand margin indicate marks.
Answer all the questions
(Auditing and Corporate Governance)
PART-I

1. Answer all questions. 1x12

a. Auditing begins where ends.
b InternalControl includes both internal audit and
c. The act of examining documentary evidence in order to ascer
tain the accuracy of entries in the books of accounts is called

d. Audit is an audit conducted in between the annual audits.

e. An internal auditor is appointed by
f Efficiency Audit is otherwise known as Audit.

A company auditor can be removed before of his term by spe

cial resolution after approval from
h. SAP stands for

i. Corporate Governance is about Conduct in business.

CSR stands for

k. reporting where environmental, social and governance

aspects of companies' activities are reported.

(Turn Over)
COM-301(4)
 Corporate Social Responsibility and corporate governance rep
resent a contract between business and society.
PART-II

2. Answer any Eight questions within two to three sentences each.

2x8
a. What is auditing?
b. What is audit planning ?
C. What is internal control ?
d. What is management audit ?
e. What is a Qualified opinion ?
f. Write any two rights of a company auditor ?
g. What is corporate governance ?
h. Write any two features of good Corporate Governance.
What are the four aspects of Carroll's Four- Part Model of
CSR.

What is Sustainability Reporting?

PART-III

3. Answer any Eight questions (maximun 75 words each). 3x8

a. What are the objectives of auditing ?

b. Write a note on the Balance Sheet audit.

C. Distinguish between vouching and verification.

d. What are the basic elements of an audit report?
e. Explain any three duties of an auditor.
f. Write a note on EDP Auditing System.
g. Write a note on Cadbury Committee Report.
h. Write a note on the German Model of Coporate Governance.
(2) (Contd.)
COM-301(4)
 Explain any three advantages of CSR.
Discuss the provisions of CSR under the Companies Act 2013.
PART-IV

Answer all questions within 500 words each. 7x4

4. What is Vouching ? Discuss different techniques of vouching.

OR

Distinguish between :
a. Auditing and Accounting
b. Internal Contorl and Internal Check

5. What is a cost audit ? Discuss its Objectives and advantages.

OR

Write notes on:

a. Qualification of an Auditor
b. Tax Audit
6 What is Corporate Governance ? Discuss the constituents of good
corporate governance.
OR

Discuss the theories of Corporate Governance briefly.

7. What is Corporate Social Responsibility ? Explain the importance of
CSR.
OR

Write a note on :
a. Triple Bottom Line Approach of CSR
b. Internal Dimension of CSR

(3)
COM-301(4)
 +3-VI-S-CBCS(MS)-Com(H&P)-Core-XIV/DSC-12-BM
R&B

2023
Time :As in Programme
Full Marks: 80
The figures in the right-hand margin indicate marks.
Answer all thequestions.
(Business Mathematics)
PART-I

1. Answer all questions. lx12

a Determinant is a Matrix.
b If two rows of a determinant are identical, the value of the
determinant is

|7 17
C. The value of
9 22
d. y=x+2x-3 is an function.

e. The value of lim(5x)

f. The result of the integration is called
g. When interest is compounded annually the simple and com
pound interest for the first year are
h. The person who receives the annuity is called
i. When an annuity is to continue forever, is called
In a network diagram. Critical Path is
k. Insimplex method, all variables must be
1. Graphical method for solving an LPP is applied to a problem
involvingonly variables.
(Turn Over)
COM-302(4)
 PART-II
2x8
2. Answer any Eight questions.
What is a diagonal matrix ? Give an example.
b. What is a determinant ?
C. What is a co-factor?

x'-9 is discontinuous at x=3.

d. Show that function f(x) = X-3

e. What do you mean by integration by parts ?

f What do you mean by deferred annuity ?
g. What is compound interest ?
h. What is the slack variable ?

1. What is optimistic time ?

What do you mean by an event ?
PART-III

3. Answer any Eight questions. 3x8

[2 3 11 2 2 -61
If and Find the value of 3A-4B.
|0 -1 5 |0 -1 3
a.

b. What do you mean by inverse of a matrix ? Give an example.

1
C. Evaluate x-16 d

Evaluate lim
x'-3x* +4
d.
2x-8x*+16
e. What do you mean by One-one into function ? Give an ex
ample.
f. Find in how many years Rs. 10,000 amounts to Rs. l1,580 at
5% p.a. compound.

(2) (Contd.)
COM-302(4)
 g. Classify annuity in terms of continuity.
h. Find the present value of anannuity of Rs.48,000 for 10 years
reckoning interest at 4% p.a. compound.
Write a note on dummy activities.
Write ashort note on the Constraint function concept of a lin
ear programming problem.
PART-IV
Answer all questions. 7x4
4. Solve the following equation by using Cramer's Rule :
3x-4y+5z=-6
xty-2z--1
2x+3y+z-5
OR

a-b-c 2a 2a

Showthat:
2b b-c-a 2b =(a+b+c)'
2c 2c C-a-b
5. Evaluate:

a. lim
x0a+x-Va-x

b.

OR
Amanufacturer finds that the cost per unit of manufacturing a cer
tain commodity is y=x'- 20x +200, when 5 to 200 units are produced
per day. Find the number of units to be produced when the cost is the
least and also find the cost per unit.

(3) (Turn Over)

COM-302(4)
6. Find the number of years in which asum doubles itself at 4% pa.
compound.
OR
Ascooter is purchased on installment basis such that Rs.6,000 is to
be paid forth with and the remainder in 5yearly instalments of Rs.4000
each. Find the cash price of the scooter reckoning interest at 10%
p.a. compound.
7. Solve the following L.P.P. by Graphic method :
Minimize Z=-3X, +2X,
Subject to XS3
X - X,s0
x, X,>0
OR
Write a note on :
a. CPM
b. PERT

(4)
COM-302(4) 5990
 +3-VI-S-CBCS(MS)-Com(H)-DSE-I(A)-FCTP-R&B

2023
Time :As in Programme
Full Marks :80
The figures in the right-hand margin indicate marks.
Answer all the questions
(Fundamentals of Corporate Tax Planning)
PART-I
1. Answer allquestions. lx12
a. The primary objective of tax planning is to reduce
b. Excess of MAT paid over the normal tax liability is known as

C. In case of foreign companies, a surcharge at a rate of of

tax is charged if total income exceeds 10crores.
d. The speculation loss can be carried forward and set off up to
the next assessment years.
e. No loss can be set off against incomes.
f. Unabsorbed depreciation can be carried forward and set off
for years.
In the Income-tax, only method of depreciation is al
lowed except for power units.
h. The rate of deduction for a sum of money given to a company
for scientific research is
STT stands for
ITR-1 is also known as
k. TAN stands for
1. Avoidance of double taxation agreement results in of tax
liability.
(Turn Over)
COM-303(4)
 PART-II
2. Answer any Eight questions within two to three sentences each.
2x8
a. What is tax management ?
b What do you mean by previous year ?
C. What is Minimum Alternate Tax ?
d. What is Speculative business ?
e. What do you mean by set off of loss ?
f. What is block of assets ?
g. What is long-term capital gain or loss ?
h. What is double taxation ?
i. What is ITR-V ?
What is PAN ?
PART-III

3, Answer any Eight questions (maximun 75 words each). 3x8

a. Differentiate between tax planning and tax evasion.
b. Write a note on tax avoidance.
C. How do you determine the incidence of tax of a company.
d. What are the provisions for set off and carry forward of loss
from capital gain ?
e Discuss the provisions for set off and carry forward of loss
from casual incomes.
f. Explain the deductions in respect of scientific research u/s 35.
g. Discuss the taxability of capital gain in case of buyback of
shares.
h. What are the penalty provisions for delaying filing TDS / TCS
Return ?

What is the best judgement assessment ?

(2) (Contd.)
COM-303(4)
 j. What are the modes of filing a return of income ?
PART-IV
Answer all questions within 500 word each. 7x4
4. What is tax planning ? What are the features and objectives of tax
planning ?
OR
Define "Book Profit" in connection with MAT. Discuss the process
of determing the book profit under section 115JB.
5. Discuss the provisions for carry forward and set of loss in
case of
amalgamation of companies.
OR
What do you mean by unabsorbed depreciation ? Discuss the provi
sions relating to this.
6. Mr. Sharma purchased a residential house
during the previous year
2001-02 for Rs.40 Lakhs and sold it for Rs. 2 Crores during the
previous year 202 1-22. He purchased two houses worth Rs.36 Lakhs
each on February 21, 2022.
Calculate taxable capital gain u/s 54 for the assessment year 2022
23.
OR
Discuss the concept of'Actual Cost' as given u/s 43(1).
7. What do youmean by Double Taxation Relief" ?
sions related to Discuss the provi
bilateral relief and unilateral relief.
OR
Write a note on:
a.
Self-Assessment
b. Belated Return

(3)
COM-303(4)