Direct & Indirect Taxes 2025 Model Question Paper [Gauhati University GU BCom 4th Sem. NEP FYUGP Course]

Gauhati University GU BCom 4th Sem Direct & Indirect Taxes 2025 Model Question Paper - NEP FYUGP Course

Model Question Paper 2025

COMMERCE (Honours Core)

(Direct & Indirect Taxes)

Full Marks: 80

Time: Three hours

The figures in the margin indicate full marks for the questions.

I). Answer the following questions as directed: (1 × 10 = 10)

1). An Indian citizen is always considered as resident and ordinarily resident in India. (State whether true or false)

2). Perquisites cannot be given in monetapry form. (State whether true or false)

3). ‘Best Judgement assessment’ is also known as ‘ex-parte assessment’. (State whether true or false)

4). Excise duty is levied on the manufacturer of excisable goods in India. (State whether true or false)

5). India is the first country in the world to introduce dual GST. (State whether true or false)

6). Agricultural income is fully exempt from income tax under Section __________ of the Income Tax Act. (Fill in the blank)

7). Rate of statutory deduction in case of income from house property is __________ (Fill in the blank)

8). The Assam Value Added Tax Act, 2003 came into effect from __________ (Fill in the blank)

9). GSTIN is a __________ digit alpha-numeric number. (Fill in the blank)

10). GST threshold limit for registration of North Eastern States is __________ (Fill in the blank)

Must Visit: Direct & Indirect Important Questions for Exam

II). Answer the following questions: (2 × 5 = 10)

1). State the meaning of 'Total Income' as per the Income Tax Act.

2). Mention any two perquisites which are taxable for all employees.

3). What is 'PAN'? How can it be procured?

4). What is the meaning of 'Manufacturer' under the Central Excise Act, 1944?

5). Explain the threshold limits for registration under the GST Act.

III). Answer any four questions: (5 × 4 = 20)

1). Discuss the scope of total income on the basis of residential status under the Income Tax Act.

2). Explain the meaning of 'Long-term Capital gains' and 'Short-term Capital gains'.

3). State the procedure of filing of return by an individual assessee.

4). Explain in brief the different types of custom duties.

5). Write a short note on the GST Council and its constitution.

IV). Answer any four questions: (10 × 4 = 40)

1). Discuss with reason whether the following are agricultural incomes as per the Income Tax Act:

• Rent from the house property situated in a village.
• Rent in kind received in respect of land given for cultivation under ‘bhage kheti’.
• Life annuity received as a consideration for transfer of land used for agricultural purposes.
• Land leased for grazing of animals required for agricultural purpose.
• Income derived from land used as stone quarries.
• Income derived from goat rearing.
• Compensation received for acquisition of agricultural land for defense and military purposes.

2). Define 'Perquisite' with examples. Discuss the perquisites taxable in case of all employees.

3). What are the various modes of assessment of income tax as per the Income Tax Act? Discuss them in detail.

4). Describe different types of Custom duties under the Customs Act.

5). Who are persons liable for obtaining registration under GST? Explain the procedure of obtaining registration under GST.

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Gauhati University Direct & Indirect Tax Question Papers

• Direct & Indirect Tax Question Paper 2013
• Direct & Indirect Tax Question Paper 2014
• Direct & Indirect Tax Question Paper 2015
• Direct & Indirect Tax Question Paper 2016
• Direct & Indirect Tax Question Paper 2017
• Direct & Indirect Tax Question Paper 2018
• Direct & Indirect Tax Question Paper 2022 (Coming Soon)
• Direct & Indirect Tax Question Paper 2023 (Coming Soon)
• Indirect Tax Laws Question Paper 2024
• Direct & Indirect Tax Model Question Paper 2025