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In this editionQuestions Solutions

June - 2007to

December - 2016Duly incorporated in chapters.

June - 2007 to

June - 2016Duly incorporated in

chapters.

December - 2016 on companion.sauda.com

iii

Preface to Solved Scanner ___________________________

The Advanced Tax Laws and Practice paper is very relevant for every CSstudent. It contains within it, ambit topics that every CS gets to usesomewhere or the other on becoming a professional. The Scanner was, and remains a valuable tool in the repertoire of everyCS student, helping in gaining a better understanding of the subjects athand. We are very happy to be given the opportunity of preparing a solvedversion of the Scanner for this subject. The book has been made for thepurpose of supplying a basis for answering questions of the type normallyasked in the question papers. Moreover, it seeks to provide a direction to theway of answering the questions. With the way the question papers areevolving and changing, it helps to have a firm foundation in all the subjects. Please contribute any suggestions that you feel can help us in making itbetter.

Best of Luck

Prof. Arun KumarCS Sumit Srivastava

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Praise for Solved Scanner

Solved Scanner is like a cup of tea for exams and without it we can’t getsuccess in minimum time.

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Solved Scanner is the honest approach towards the requirements andacquaintances of the probable questions and important topics for thepreparation of professional courses like CA or CS. It motivate the studentsto work harder in right direction with confidence and acts as a support andconfidence booster.

Sushil Kumar, Patna

Solved Scanner is the best. It is the most important book for the preparationof any professional examination. According to my view, without the help ofSolved Scanner, preparation by any student is incomplete. Solved Scannerand its contents make every student fully prepared for the examinations.

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Solved Scanner is a helpful friend which tells us how to go through thesyllabus and prepare well for examination.

Ansh Sharma, Delhi

Without Solved Scanner, nobody can pass the professional exams. It is agreat book. Thank you for giving it.

B. Satish Krishan, Coimbatore

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Green EditionCS Professional Programme Module - III

(New Syllabus)Paper 7 - Advanced Tax Laws and Practice

Editors:Prof. Arun Kumar CS Sumit SrivastavaM.Com., D.Phil., AMT (AIMA), B.Com, ACS, LLBISO Lead-Auditor (UK),CISA (USA)Professor,Motilal Nehru Institute of Research & Business Administration, University of Allahabad,Allahabad

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Solved Scanner is published in India by Shuchita Prakashan (P) Ltd.25/19, L.I.C. Colony, Tagore Town, Allahabad 211002.Editor-in-chief : Mrs. Anjali'Solved Scanner' is registered trade mark of Shuchita Prakashan (P) Ltd.Copyright © of the content is exclusive property of the authors Prof. ArunKumar and CS Sumit Srivastava.Trade mark 'Scanner' is being lent to the content provided by the authorsunder exclusive arrangement for publication of the content by the owner oftrade mark 'Shuchita Prakashan (P) Ltd.Trade mark 'Scanner' cannot be used by any other person/organisation/agency with the content of this book or otherwise.First edition : July 2011Fifteenth edition : January 2017

"Scanner is a living document and is being updated after everyexamination since its inception" Every effort has been made to avoid errors or omissions in thispublication. In spite of this, some errors may creep in. Any mistake, error ordiscrepancy noted may be brought to the notice to the publisher or authorswhich shall be taken care of in the next edition. It may however, be notedthat neither the publisher nor the authors would be responsible for any lossor damage due to such error or omission.

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Dedicated To_______________________________________

My Parents

Mr. Arvind Kumar Srivastava

Smt. Indra Srivastava

and

Special thanks to

My Younger Sister

Khushboo Srivastava (ACS)

ix

Contents to Solved Scanner________________________________

Paper - 7 Advanced Tax Laws and Practice

Chapter Name Page No. Study Material Based Contents 7.1 Syllabus 7.2 Examination Trend Analysis 7.5 Line Chart Showing Relative Importance of Chapters 7.11 Frequency Table Showing Distribution of Marks 7.12 Frequency Table Showing Marks of Compulsory Questions 7.13 Legends for the Graphs 7.141. Taxation of Individuals, Partnership Firms/LLP and

Companies 7.152. International Taxation 7.1293. Tax Planning and Tax Management 7.1774. Indirect Tax Laws and Practice : An Introduction 7.2155. Central Excise Law 7.2176. Customs Law 7.3237. Advance Ruling, Settlement Commission and Appellate

Procedure 7.3978. Promissory Estoppel in Fiscal Laws, Tax Planning and Tax

Management 7.4069. Service Tax : Introduction and Administration 7.409

10. Procedural Aspects and Adjudication Under Service Tax 7.42711. Goods and Service Tax-Concept and Developments 7.46812. Value Added Tax : Introduction and Procedural Aspects 7.473 Question Paper of June, 2015 7.520 Question Paper of December, 2015 7.529 Question Paper of June, 2016 7.536 Question Paper of December, 2016 7.544

x

UNIQUE FEATURES OF THIS EDITION

An Examination Trend Analysis for question paper based contents oflast five examinations before the paper.

Questions are arranged according to the subject/topic in ascendingorder of examinations/years.

Graph for every chapter, showing marks allotment for last twentyexaminations amongst Short Notes, Distinguish Between, DescriptiveQuestions and Practical Questions.

Line Chart Showing Relative Importance of Chapters. Table Showing Marks of Compulsory Questions at the end of every

chapter. Analytical Classification of every Chapter in Four Categories:

(1) Short Notes,(2) Distinguish Between, (3) Descriptive Questions and (4) Practical Questions.

100% Correct Answers of Practical Questions. Complete list of Repeatedly Asked Questions at the end of every

chapter. Complete Question Papers of June 2015, December 2015, June 2016

and December 2016 . Pleasant get-up.

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