Ch 13: TAX PLANNING AND MANAGERIAL DECISIONS — Study Material & Test Yourself

1(a): Tax Planning with respect to own or Lease Decision

5 Marks

With reference to the latest Institute Study Material curriculum for Goods and Services Tax & Corporate Tax Planning (CS Professional), critically examine the foundational principles, core concepts, and operational framework of 'Tax Planning with respect to own or Lease Decision'. Elucidate: (i) the primary statutory / regulatory basis; (ii) standard operating procedure and compliance requirements; and (iii) illustrative examples demonstrating practical application.

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1(b): Make or Buy Decisions, Shut-down or Continue Decision

5 Marks

Review the self-assessment and practical guidelines provided in the study material concerning 'Make or Buy Decisions, Shut-down or Continue Decision' under Goods and Services Tax & Corporate Tax Planning (CS Professional). Detail: (i) the substantive criteria and legal thresholds; (ii) the computational methodology and accounting/statutory adjustments; and (iii) the prescribed disclosures in statutory reporting.

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2(a): Sale of Assets used for Scientific Research

5 Marks

Based on the curriculum learning objectives of Goods and Services Tax & Corporate Tax Planning (CS Professional), analyze the statutory implications of 'Sale of Assets used for Scientific Research'. Specifically discuss: (i) governing legislative sections, rules, or standards; (ii) rights, liabilities, and duties of concerned parties; and (iii) penal consequences or regulatory remedies in case of default.

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2(b): Capital Structure & Dividend Policy

5 Marks

Explain the analytical framework governing 'Capital Structure & Dividend Policy' as elucidated in the study material of Goods and Services Tax & Corporate Tax Planning (CS Professional). Your answer must address: (i) key definitions and scope; (ii) statutory exceptions or safe harbor provisions; and (iii) best practice compliance measures.

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3(a): Inter-Corporate Dividends and Bonus Shares

5 Marks

With reference to the latest Institute Study Material curriculum for Goods and Services Tax & Corporate Tax Planning (CS Professional), critically examine the foundational principles, core concepts, and operational framework of 'Inter-Corporate Dividends and Bonus Shares'. Elucidate: (i) the primary statutory / regulatory basis; (ii) standard operating procedure and compliance requirements; and (iii) illustrative examples demonstrating practical application.

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3(b): Tax Planning with respect to own or Lease Decision

5 Marks

Review the self-assessment and practical guidelines provided in the study material concerning 'Tax Planning with respect to own or Lease Decision' under Goods and Services Tax & Corporate Tax Planning (CS Professional). Detail: (i) the substantive criteria and legal thresholds; (ii) the computational methodology and accounting/statutory adjustments; and (iii) the prescribed disclosures in statutory reporting.

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