VI Semester B.Com. Examination, May/June 2010
(Semester Scheme)
Paper 6.2 : INCOME TAX - II
Time : 3 Hours Max. Marks : 90
SECTION - A
1. Answer any ten of the following. Each question carries two marks. (10x2=10)
a) What do you mean by PROFESSION?
b) What is long term Capital Assets?
c) Expand CBDT and PAN.
d) What is Bond washing transaction?
e) Define speculative transaction.
f) What is self assessment?
g) Mention the provision of Section 80 DD.
h) What is meant by Block of Assets?
i) What is the provision U/S 80 U of IT, 1961?
j) What is casual income?
k) What is are Free Commercial Debentures?
l) What is Indexed Cost of Acquisition?