1) What do you mean by tax avoidance? Write down the difference between tax evasion, tax planning? Which of these is illegal?
2) What is cost of acquisition of a capital asset? How is it computed for computing longterm capital gain?
3) What is clubbing up of income? In which situation the income of the other person is included in the income of assessee?
4) What is new method of charging depreciation? Give various provisions of it?
5) How the tax planning can be done for make or buy decisions and own or lease decisions?
6) What is deduction of tax at source? Write different incomes from which the tax is deducted at source along with rates of TDS?