MBACSA

GLOBAL STUDY SOLUTIONS
< All Topics

NMIMS – Taxation- Direct And Indirect

Taxation- Direct And Indirect

NMIMS – What do the following terms mean and how do they differ from one another: tax planning, tax avoidance, tax evasion, and tax management, and how do they affect an individual’s or business’s tax liabilities

1) What do the following terms mean and how do they differ from one another: tax planning, tax avoidance, tax evasion, and tax management, and how do they affect an individual’s or business’s tax liabilities? (10 Marks)

2) David Warner, an Australian player visits India for 95 days in every financial year. This has been his practice for the past 15 financial years.

Find out residential status of David Warner for the assessment year 2023-24.

Would your answer change if the above facts relate to Ish Sodhi, an Indian Origin who resides in New Zealand and represents the New Zealand cricket team?

What would be your answer if David Warner had visited India for 130 days instead of 95 days every year, including P.Y.2021-22? (10 marks)

3) Ms. Ria, a resident individual in India, earned income during the financial year 2022-2023 from multiple sources. Her income details are as follows:

  1. Salary income from her job: INR 6,00,000
  2. Interest income from a Fixed Deposit: INR 20,000
    • Profit from the sale of shares: INR 50,000
  1. Rental income from a property: INR 1,80,000
    • Ms. Ria wants to understand the income tax implications of her earnings for the financial year 2022-2023. Can you help her with the following questions?
  1. a) What are the various sources of income for Ms. Ria, and how will they be categorized under the Income Tax Act in India? (5 Marks)
  2. b) How will her total taxable income and tax liability be calculated for the financial year 2022-2023? (5 Marks)

At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at NMIMS University (Narsee Monjee Institute of Management Studies). Our dedicated team comprises experienced professionals who excel in crafting precise and well-researched solutions for assignments and case studies across different disciplines and courses.

Our commitment to aiding students in achieving academic success aligns perfectly with the educational standards upheld by NMIMS University (Narsee Monjee Institute of Management Studies). We understand the importance of delivering high-quality, customized solutions that meet the unique requirements of assignments and case studies within the University’s curriculum.

Whether in MBA, BBA, BBM, MSc, PGDM, or any other programs offered at NMIMS University, (Narsee Monjee Institute of Management Studies). Our team is equipped to provide expert guidance and meticulously crafted solutions. We prioritize accuracy, originality, and timely delivery; ensuring students receive the necessary assistance to excel academically.

We are dedicated to fostering an environment of academic excellence and providing dependable support to the esteemed students of NMIMS University. (Narsee Monjee Institute of Management Studies).

Get expert assistance with your NMIMS University (Narsee Monjee Institute of Management Studies). Assignments and answer sheets from our professional academic writing services.

Our team specializes in supporting students with NMIMS University (Narsee Monjee Institute of Management Studies). Coursework, ensuring top-notch answer sheets and comprehensive solutions.

Ace, with our tailored assistance, your NMIMS University exams, offering precise guidance and accurate answer sheet preparation.

Seeking reliable help for your NMIMS University studies? Trust our academic writing services for meticulously crafted answer sheets and exceptional support.

Score high in your NMIMS University (Narsee Monjee Institute of Management Studies). assessments by availing our expert aid in preparing comprehensive and well-structured answer sheets.

NMIMS University (Narsee Monjee Institute of Management Studies). assignments, solved papers, and study materials are available through our academic writing services.

Seeking assistance with NMIMS University coursework? Our professional team delivers accurate and timely solutions for all your academic needs.

Our specialized academic writing support simplifies access to NMIMS University question papers and model answers.

Need expert guidance for your NMIMS University assessments? Our service offers comprehensive solutions for students seeking assistance.

Our academic writing services ensure precise and high-quality answers for NMIMS University (Narsee Monjee Institute of Management Studies). assignments, aiding students in their educational journey.