CS Executive Tax Laws case studies
CS Executive Tax Laws · Put your knowledge to work in context.
CS Executive Tax Laws is one paper of the Executive Programme of the Company Secretary qualification in India, and it sits alongside company law, setting the tax foundation that later feeds into the professional-level tax and corporate restructuring papers. It suits candidates who have cleared the CS Executive entrance requirements and now need working fluency in both direct taxes and indirect taxes as they apply to companies: income computation, deduction planning, compliance obligations, and the GST and customs framework that governs transactions. The CS Executive Tax Laws case studies are 5 cases and about 2,741 words.
1Residential Status and Scope of Total Income for an Employee Leaving India Mid-Year
Arjun Mehta, an Indian citizen aged 42, has been resident in India in 9 out of the 10 previous years preceding PY 2024-25 and stayed 850 days in the 7 preceding previous years. On 1 August 2024 he leaves India to take up employment with a company in Dubai.
591 words, about 3 min2Composite Works Contract, Place of Supply and Pure Agent Reimbursement
M/s GreenSpace Interiors Pvt Ltd, registered in Maharashtra, contracts with a Karnataka-based IT company to renovate its Bengaluru office. The contract value is Rs 80,00,000 (excluding GST).
523 words, about 3 min3Compulsory Registration for Inter-State Supply, Blocked ITC and E-Invoicing Default
M/s Nova Appliances Pvt Ltd is registered in Gujarat with aggregate turnover of Rs 7,20,00,000 in FY 2023-24. It has a warehouse in Rajasthan from which it stores and supplies goods; it has not obtained a separate registration there and treats it as an additional place of business.
555 words, about 3 min4Customs Valuation of Imported Machine with Royalty and Exchange Rate Date
M/s Precision Tools Ltd imports a CNC machine from a German supplier. The invoice price is EUR 100,000 CIF Mumbai.
486 words, about 2 min5Penalty for Under-Reporting, Appeal Delay and Revision Proceedings
M/s Alpha Fabrics Pvt Ltd filed its return for AY 2024-25 declaring income of Rs 50,00,000. In assessment under section 143(3), the Assessing Officer made an addition of Rs 12,00,000 under section 40A(3) for cash payments to a transporter, disallowed Rs 3,00,000 of depreciation on a car used by the director, and initiated penalty under section 270A.
586 words, about 3 min