0% found this document useful (0 votes)
73 views8 pages

INCOME TAX ASSIGNMENT Change

This document outlines 6 assignments on income tax, salary, and GST for an accounting course. The income tax assignment involves questions about PAN cards, filing different ITR forms, income tax collection over the years, and the government budget. The salary assignment covers salary returns, Form 16, tax computations with old and new options, and gifts. The GST assignment includes questions about GST collection, registrations, the GST return process, GST numbers, and India's GDP and economic growth outlook. Students are instructed to submit the assignments in PDF format by June 1st and include analyses and explanations with tables, bar graphs, and pie charts as required.

Uploaded by

Disha Mohanty
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
73 views8 pages

INCOME TAX ASSIGNMENT Change

This document outlines 6 assignments on income tax, salary, and GST for an accounting course. The income tax assignment involves questions about PAN cards, filing different ITR forms, income tax collection over the years, and the government budget. The salary assignment covers salary returns, Form 16, tax computations with old and new options, and gifts. The GST assignment includes questions about GST collection, registrations, the GST return process, GST numbers, and India's GDP and economic growth outlook. Students are instructed to submit the assignments in PDF format by June 1st and include analyses and explanations with tables, bar graphs, and pie charts as required.

Uploaded by

Disha Mohanty
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 8

INCOME TAX ASSIGNMENT

ASSIGNMENT NO 1=GENERAL =3 MARK

1. Question =OWN PAN APPLION FORM IN FORM NO 49 PREPARE

Answer

Download Excel or Ward Format =Fill it then after take print & affix your photo sign &
then after again scan it .better to don’t write fill in soft copy

2. Question :
PAN NO FORTH DIGIT DIFFERNET FIRM =DIFFERENT MEANING YOU
SHOULD EXPLAAN
(WRITE DIFF PAN & ITS forth character SHOULD REQUIRE TO EXPLAIN)
Answer
You Write 7 to 8 dummy pan no & Explain which firm pan card & Explain Forth
character

Status Dummy pan No

Individual

HUF

Firm

Company

Trust

AOP

BOI

3. Question
ITR-1 +2 +3 +4 +5 +6 +7 For what Purpose
Answer
Each Income Tax Return File for different purpose. Write down its purpose

ITR Purpose /File By which firm

2
3

4. Question
How many ITR 1+2+3+4+5+6+7 Filed In India 2020-21 (From 1-4-2020 to 31-3-2021)
for F.Y 2019-20
Answer : All available in income tax website

ITR ITR File F.Y 2020-21

Source
5. Question How much Income Tax Collection In Last five years (Direct Tax)
( prepare in bar graph)
Answer

F.Y Collection of Income Tax

2016-17

2017-18

2018-19
2019-20

2020-21

Source
Note: Prepare =Bar Graph from the above + Note : Analysis must =write your note
on your Thinking
Question
How much Budget For Last Five years (revenue +expenses) & Income Tax Portion
(Prepare in graphical pie chart)
Answer

F.Y Total Revenue Total Expenses Income Tax In %=Income


Tax/Toal
Revenue*100

2016-17 14.24 lakhs 20.14 lakh crore 3.49 lakh crore 24.50
crore

2017-18 15.50 lakh crore 21.41 lakhs 4.30 lakh crore 27.74
crore

2018-19 18.22lakhs 24.57 lakhs 5.29lakh crore 29.03


crore crore

2019-20 20.82 lakh crore 27.86 lakh crore 5.69 lakhs crore 27.32

2020-21 35.17lakhs 29.29 lakhs 4.87 lakhs crore 13.84


crore crore

Note : Analysis must =write your note on your Thinking

Assignment No 2=SALARY=3 MARK

1. Question HOW MANY SALARY RETURN IN LAST FIVE YEARS


Answer

F.Y Salary Return

2016-17

2017-18
2018-19

2019-20

2020-21

2. Note : Analysis must =write your note on your Thinking


3. Question
Dummy Salary Form No 16 prepare with 5.00 to 15.00 lakh salary +HRA 80C Deduction
+Professional Tax ( Prepare in own name)
Answer =
Down load in excel format (Only Part B)
Don’t Fill Part A( Regarding TDS)=not require

4. Question
Prepare Computation of Salary with Old Option & With New Option =Assume Salary
10.00 lakh +80C Deduction 150000
Answer
Two Computations=showing tax

Particulars Option =1 Option =2

Salary income

Less :Deduction

Gross Salary

Less: Deduction

Total income

Tax

Up to 250000 √

250000 to 500000=5% √

500000 to income=20% √

Up to 250000=nil √

250000 to 500000=5% √

500000 to 750000=10% √

750000 to income=15% √
Total tax √ √

Add: Health & Ed cess4% √ √

Total √ √

5. Gift Short Note


Question
Exempt or taxable
How much Gift you can take
From Whom Gift Tax Free & Taxable
Answer
Tax Free List
Taxable Lit
Gift How much in cash Possible
Gift on marriage Function=Taxable or Tax Free
GOLD
How much Gold Can Preserve by (Without any bill )by goverment guidelines
Married Female
Unmarried Female
Men
One Family(Father +mother+son +daughter ) how much gold they can preserve without
bill

6. Your Experience of Income Tax Learning


a. Learning

B Sir Explanation

C Assignment

D. Suggestion
Assignment=3=GST =3 MARK

1. Question
Total GST Collection From july 2017 to April 2021

Month 2017-18 2018-19 2019-20 2020-21

April NIL

May NIL

June NIL

July

August

September

October

November

December

January

February

March

Total

Note : Analysis must =write your note on your Thinking

2. Question
Total GST Registration At Present In India
Answer in table format
(Possible to state wise)
3. Question
Answer
GST Registration ( Only PDF Submit)
Don’t do Registration=practical
Each page take Screen shot or save inPDF (total 7 to 8 page)
4. What is mean by 3B+GSt-1+2A+2B(Screen shot give only one page)

5. State wise collection of GSt 2019-20 (in Bar Graph)


State 19-20 Rs State 19-20 Rs

6. Question
Answer
GST No =15 Digit= Its Meaning Explain

7. Indian Economy GDP For Last Three years 2018-19 +2019-20+2020-21


What Expectation of Indian Economy for Next Five years For GSt point of View

F.Y GDP In %
In Rs

2018-19

2019-20

2020-21

2021-22
(Estimated

2022-23
(Estimated)

2023-24
(Estimated)

At Present our How much trillion economy in dollar & rank in world
Note : Analysis must =write your note on your Thinking

GENERAL NOTE

1. All Assignment Prepare in PDF Format


2. Google Link Share Shortly for submission
3. LAST SUBMISSION DATE 01-06-2021.
4. Copy Case Full Zero Will be given (Please care about it)
5. All the table Require in your format also +As Per instruction prepare BAR+PIE graph
6. After table your Analysis in 10 Line require to explain

You might also like