{"id":25862,"date":"2022-11-11T12:24:19","date_gmt":"2022-11-11T06:54:19","guid":{"rendered":"https:\/\/scholarsclasses.com\/blog\/?p=25862"},"modified":"2026-02-03T16:51:28","modified_gmt":"2026-02-03T11:21:28","slug":"tybcom-direct-tax-question-paper","status":"publish","type":"post","link":"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/","title":{"rendered":"TYBCOM Direct Tax Question Paper Solution |  Mumbai University &#8211; November 2019 (Free pdf)"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d384050e986\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d384050e986\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/#TYBCOM_Direct_Tax_Question_Paper\" >TYBCOM Direct Tax Question Paper<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/#TYBCOM_Direct_Tax_Question_Paper_Solution\" >TYBCOM Direct Tax Question Paper Solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/#Old_Question_Papers_of_Mumbai_University_TYBCOM_SEM_5\" >Old Question Papers of Mumbai University TYBCOM SEM 5<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/#Old_Question_Papers_of_Mumbai_University_TYBCOM_SEM_6\" >Old Question Papers of Mumbai University TYBCOM SEM 6<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-direct-tax-question-paper\/#Tips_to_score_more_in_TYBCOM_Exam\" >Tips to score more in TYBCOM Exam:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"TYBCOM_Direct_Tax_Question_Paper\"><\/span>TYBCOM Direct Tax Question Paper<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"TYBCOM_Direct_Tax_Question_Paper_Solution\"><\/span>TYBCOM Direct Tax Question Paper Solution<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Q.1 A)<\/strong> <strong>Fill in the blanks with an appropriate answer from the bracket and rewrite the statement.<\/strong> <strong>(Any 10) (10 Marks)<\/strong><\/p>\n\n\n\n<p><strong>1. _________ is liable to pay income tax on his income received in India. <br><\/strong>a) Resident<br>b) Non-resident<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">c) Both Resident and Non-resident<\/mark><\/strong><\/p>\n\n\n\n<p><strong>2. As per Section 24, Standard deduction allowable on Let-out house property is_____.<br><\/strong>a) Rs. 30,000<br>b) Actual amount spent on repairs<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">c) 30 percent of NAV<\/mark><\/strong><\/p>\n\n\n\n<p><strong>3. Commuted pension received by a Government employee is _____. <br><\/strong>a) Taxable<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Exempt from tax<br><\/mark><\/strong>c) 1\/3 exempt form tax<\/p>\n\n\n\n<p><strong>4. Gas, electricity, or water supply provided free of cost to an employee is ______.<br><\/strong>a) exempt form tax<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) perquisite taxable in case of \u2018specified\u2019 employees<br><\/mark><\/strong>c) perquisite taxable in case of all employees<\/p>\n\n\n\n<p><strong>5. Municipal tax is deducted from _______ of the house property.<br><\/strong>a) Net Annual Value<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Gross Annual Value<br><\/mark><\/strong>c) Municipal Valuation<\/p>\n\n\n\n<p><strong>6. Sale of residential House Property is taxable under the head ______.<br><\/strong>a) income from House Property<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Capital gain<br><\/mark><\/strong>c) Profit from business or profession<\/p>\n\n\n\n<p><strong>7. Gift received from father is ________.<\/strong><br>a) Taxable as business income<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Non-taxable<br><\/mark><\/strong>c) Taxable as other income<\/p>\n\n\n\n<p><strong>8. Gratuity received by Government employees is _______.<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) exempt from tax<br><\/mark><\/strong>b) taxed as capital gain<br>c) taxed as profit and gains of business<\/p>\n\n\n\n<p><strong>9. Indian citizen leaving India for Employment is considered as resident in India in any previous year if he stays in India for minimum _______ days.<br><\/strong>a) 60<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) 182<br><\/mark><\/strong>c) 365<\/p>\n\n\n\n<p><strong>10. Salary received by a partner from his firm is regarded as ________.<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) Profit and gains of business and profession<br><\/mark><\/strong>b) Income from salaries<br>c) Income from other sources<\/p>\n\n\n\n<p><strong>11. If residential house property is held for more than _________ it is considered as a long-term capital asset.<br><\/strong>a) 12 months<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) 24 months<br><\/mark><\/strong>c) 36 months<\/p>\n\n\n\n<p><strong>12. Deduction u\/s 80 C is allowed to the maximum of _________.<br><\/strong>a) Rs. 50,000<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Rs. 1,50,000<br><\/mark><\/strong>c) Rs. 1,00,000<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-1024x576.png\" alt=\"TYBCOM Direct Tax Question Paper\" class=\"wp-image-25918 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-1024x576.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-300x169.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-768x432.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper.png 1280w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;\" \/><\/figure>\n\n\n\n<p><strong>B. State whether the following statements are True or False. (Any 10) (10 Marks)<\/strong><\/p>\n\n\n\n<p>1. Income received from smuggling activity is income as per Income Tax Act. <strong>(True)<\/strong><\/p>\n\n\n\n<p>2. Avon Private Limited is a Partnership firm under the Income Tax Act. <strong>(<strong><strong>False<\/strong><\/strong>)<\/strong><\/p>\n\n\n\n<p>3. Examination fees received by a professor of university of which he is an employee is taxable as Salary. <strong>(True)<\/strong><\/p>\n\n\n\n<p>4. Entertainment Allowance received by Government employee is fully taxable. <strong>(<strong>False<\/strong>)<\/strong><\/p>\n\n\n\n<p>5. Municipal taxes paid by tenant is allowed as deduction from income from House Property of the owner. <strong>(<strong>False<\/strong>)<\/strong><\/p>\n\n\n\n<p>6. Deduction allowed under section 80 D for medical insurance premium paid by the assesse for self, spouse and dependent children, none of whom is senior citizen is Rs. 25,000. <strong>(True)<\/strong><\/p>\n\n\n\n<p>7. Depreciation is allowed as deduction only when it is claimed as per Income Tax Act. <strong>(True)<\/strong><\/p>\n\n\n\n<p>8. Remuneration received by Member of Parliament is taxed as Income under the head income from salary. <strong>(<strong>False<\/strong>)<\/strong><\/p>\n\n\n\n<p>9. Past profit which was earned outside India by a non-resident but brought in India in current year is taxable in India in current year. <strong>(False)<\/strong><\/p>\n\n\n\n<p>10. Agricultural income derived from cultivation of land in India is exempt from tax. <strong>(True)<\/strong><\/p>\n\n\n\n<p>11. Gift received from a friend on Friendship Day of Rs. 49,000 during the year is exempt from tax. <strong>(True)<\/strong><\/p>\n\n\n\n<p>12. Brokerage paid on sale of capital asset will reduce the amount of capital gain. <strong>(True)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"910\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-2-1024x910.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 2\" class=\"wp-image-25894 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-2-1024x910.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-2-300x267.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-2-768x683.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-2.png 1314w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/910;\" \/><\/figure>\n\n\n\n<p><strong>Solution:<\/strong> <a href=\"https:\/\/youtu.be\/6IHaw4uSvPw\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/6IHaw4uSvPw\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"437\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-A-1024x437.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 2 A\" class=\"wp-image-25899 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-A-1024x437.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-A-300x128.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-A-768x328.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-A.png 1302w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/437;\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"586\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-B-1024x586.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 2 B\" class=\"wp-image-25901 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-B-1024x586.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-B-300x172.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-B-768x440.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-2-B.png 1306w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/586;\" \/><\/figure>\n\n\n\n<p><strong>Solution:<\/strong> <a href=\"https:\/\/youtu.be\/8FL75mjz-Nc\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/8FL75mjz-Nc\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1018\" height=\"1024\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B-1018x1024.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 3 A and 3 B\" class=\"wp-image-25905 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B-1018x1024.png 1018w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B-298x300.png 298w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B-150x150.png 150w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B-768x773.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-A-and-3-B.png 1302w\" data-sizes=\"(max-width: 1018px) 100vw, 1018px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1018px; --smush-placeholder-aspect-ratio: 1018\/1024;\" \/><\/figure>\n\n\n\n<p><strong>Solution:<\/strong> <a href=\"https:\/\/youtu.be\/TjSLMDEnvig\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/TjSLMDEnvig\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"139\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-C-1024x139.png\" alt=\"TYBCOM Direct Tax Question Paper Q no 3 C\" class=\"wp-image-25908 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-C-1024x139.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-C-300x41.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-C-768x104.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-3-C.png 1286w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/139;\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"432\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-3-D-1024x432.png\" alt=\"TYBCOM Direct Tax Question Paper Q no 3 D\" class=\"wp-image-25909 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-3-D-1024x432.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-3-D-300x127.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-3-D-768x324.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-no-3-D.png 1290w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/432;\" \/><\/figure>\n\n\n\n<p><strong>Solution:<\/strong> <a href=\"https:\/\/youtu.be\/E-HnqOfehQw\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/E-HnqOfehQw\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"787\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4-1024x787.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 4\" class=\"wp-image-25912 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4-1024x787.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4-300x230.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4-768x590.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4.png 1312w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/787;\" \/><\/figure>\n\n\n\n<p>Solution: <a href=\"https:\/\/youtu.be\/gp62WoqSfv4\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/gp62WoqSfv4\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>OR<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"977\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4--1024x977.png\" alt=\"TYBCOM Direct Tax Question Paper Q No 4\" class=\"wp-image-25914 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4--1024x977.png 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4--300x286.png 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4--768x733.png 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/11\/TYBCOM-Direct-Tax-Question-Paper-Q-No-4-.png 1302w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/977;\" \/><\/figure>\n\n\n\n<p><strong>Solution:<\/strong> <a href=\"https:\/\/youtu.be\/F7NNMtUbRkc\" data-type=\"link\" data-id=\"https:\/\/youtu.be\/F7NNMtUbRkc\" target=\"_blank\" rel=\"noopener\">Video<\/a><\/p>\n\n\n\n<p><strong>Q.5 <\/strong><br>A) Discuss the provision of Income Tax Act, 1961 regarding Residential status of an Individual<strong>(10)<\/strong><br>B) Define and explain \u2018Person\u2019 and \u2018Previous year\u2019 as per Income Tax Act, 1961. <strong>(10)<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>OR<\/strong><\/p>\n\n\n\n<p><strong>Q.5 <\/strong>Write short notes <strong>(Any four) (20)<\/strong><\/p>\n\n\n\n<p>1. Gross Annual Value<br>2. Allowable depreciation from profit and gains in business and profession.<br>3. Deductions U\/S 80 C.<br>4. Perquisites under Income from salaries.<br>5. Deemed to be let out property.<br>6. Income from other sources.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Old_Question_Papers_of_Mumbai_University_TYBCOM_SEM_5\"><\/span>Old Question Papers of Mumbai University TYBCOM SEM 5<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-april-2023\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-april-2023\/\">TYBCOM SEM 5 &#8211; April 2023 (ATKT)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2022\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2022\/\">TYBCOM SEM 5 &#8211; Nov 2022<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2023-2\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2023-2\/\">TYBCOM SEM 5 &#8211; Nov 2023<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/mumbai-university-old-question-papers\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/mumbai-university-old-question-papers\/\" target=\"_blank\" rel=\"noreferrer noopener\">TYBCOM SEM 5 &#8211; April 2019 (ATKT)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/mumbai-university-question-papers-2019\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/mumbai-university-question-papers-2019\/\" target=\"_blank\" rel=\"noreferrer noopener\">TYBCOM SEM 5 &#8211; Nov 2019<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2018\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-5-question-paper-2018\/\" target=\"_blank\" rel=\"noreferrer noopener\">TYBCOM SEM 5 &#8211; Nov 2018<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Old_Question_Papers_of_Mumbai_University_TYBCOM_SEM_6\"><\/span>Old Question Papers of Mumbai University TYBCOM SEM 6<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-papers-2019\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-papers-2019\/\">TYBCOM SEM 6 &#8211; April 2019<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2022-dec\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2022-dec\/\">TYBCOM SEM 6 &#8211; Dec 2022<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2023-april\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2023-april\/\">TYBCOM SEM 6 &#8211; April 2023<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2024\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-question-paper-2024\/\">TYBCOM SEM 6 &#8211; April 2024<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\">Paper Solution of November 2019 &#8211; <a href=\"https:\/\/youtu.be\/WHlPcGlKkPY\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/youtu.be\/WHlPcGlKkPY\" rel=\"noreferrer noopener\">Solution<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tips_to_score_more_in_TYBCOM_Exam\"><\/span>Tips to score more in TYBCOM Exam:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Have a regular study habit<\/span><\/strong>: This is one suggestion I always give all my students. Studying daily helps you get in-depth knowledge on any given topic and helps in better retention.<\/p>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Cover all the relevant points in the answer:<\/span><\/strong>&nbsp;To attain this, you have to time yourself well. If you decide to give 30 minutes for an answer, start writing fast from the beginning. Maintain a constant speed and at the end of half an hour, try to finish the answer. Even if you feel the answer has more points to be discussed, cut it short and proceed to the next question.<\/p>\n\n\n\n<p><strong>The content should be presented in the form of points wherever possible.<\/strong> Leave lines wherever necessary and make your answer look neat. Write in clear handwriting.<\/p>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Before the exam:<\/span>&nbsp;<\/strong>Study the paper format and go through previous year&#8217;s question papers and understand the flow of questions and the options available in the question papers.<\/p>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Stay calm, eat healthy and sleep well:<\/span><\/strong>&nbsp;Take proper rest and don&#8217;t get nervous. Remember, it&#8217;s just an exam.<br>All the best for your exams.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":25918,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5609],"class_list":["post-25862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bcom","tag-tybcom-direct-tax-question-paper"],"_links":{"self":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/25862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/comments?post=25862"}],"version-history":[{"count":15,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/25862\/revisions"}],"predecessor-version":[{"id":41899,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/25862\/revisions\/41899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media\/25918"}],"wp:attachment":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media?parent=25862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/categories?post=25862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/tags?post=25862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}