BENGALURU CITY UNIVERSITY

SYLLABUS ORIENTATION NEP-2020

For the Academic Year 2023-24
V Semester B. Com- General/A&F/LSCM/BDA/T&T/I&AS
Subject: - Law and Practice of Income Tax -1
EXAMINATION PATTERN – MAXIMUM MARKS: 60 – DURATION: 2 ½ HRS
GUIDELINES
Section – A (TWO MARKS)

1. Answer any FIVE of the following 5x2=10

a) From Module -1 –
2 Questions
b) From Module -1 –
c) From Module -2 – 1 Question
d) From Module -3 – 1 Question
e) From Module -4 –
2 Questions
f) From Module -4 –
g) From Module -5 – 1 Question

Section – B (FIVE MARKS)

Answer any FOUR of the following 4x5=20

2. From Module -1 – One Theory Question - State the Agricultural or Non- Agricultural Incomes/
Exempted Incomes/Canons of Taxation etc.
3. From Module -2 – One Theory Question – Types of Assessment / Powers and Functions of Income Tax
Authorities
4. From Module -3 – One Problem on Finding Residential Status
5. From Module -4 – One Problem on Gratuity/ Encashment of Earned Leave/ Commutation of Pension
etc.
6. From Module -5 – One Problem on determining Net Annual Value / Calculation of PCI
 Section – C (TWELVE MARKS)
Answer any TWO of the following 2x12=24
7. From Module -3 One Problem on finding out Gross Total Income based on different type of Residential
Status.
8. From Module -4 One Problem on finding out Taxable Salary (Old Regime)
9. From Module -5 One Problem on House Property (Old Regime) Mixture of Let Out and Self Occupied
Properties.

Section – D (SIX MARKS)

Answer any ONE of the following 1x6=06

10. From Skill Development Topics

11. From Skill Development Topics

SKILL DEVELOPMENT ACTIVITIES:

• Prepare slab rates chart for different Individual assesses (Old Regime).
• List out any 6 Incomes exempt from tax under section 10 of an Individual. (Ignore if given for
Section-B)
• Draw an organization chart of Income Tax Authorities. (Ignore if given for Section-B)
• Prepare the chart of perquisites received by an employee in an organization.
• Prepare the chart of Computation of Income under House Property.

BLUE PRINT
Module/ Title of the No. of Questions for each section Marks Total
Units Module Marks
1 Basic Section – A: 2 questions x 2 marks (T) 4 9
Concepts of Section – B: 1 question x 5 marks (T) 5
Income Tax
2 Assessment Section – A: 1 questions x 2 marks (T) 2 7
Procedure Section – B: 1 question x 5 marks (T) 5
and Income
Tax
Authorities
3 Residential Section – A: 1 questions x 2 marks (T) 2 19
Status & Section – B: 1 question x 5 marks (P) 5
Incidence of Section – C 1 question x 12 marks (P) 12
Tax
4 Income Section – A: 2 questions x 2 marks (T) 4 21
from Salary Section – B: 1 question x 5 marks (P) 5
Section – C 1 question x 12 marks (P) 12
 5 Income Section – A: 1 questions x 2 marks (T) 2 19
from House Section – B: 1 question x 5 marks (P) 5
Property Section – C 1 question x 12 marks (P) 12
Skill Development Section – D 2 questions from the topics 12 12
Activities mentioned in the skill development activities
of all the five modules 2 questions x 6 marks
(T)

NOTE: (T) – Theory: (P) – Problems

 BENGALURU CITY UNIVERSITY
SYLLABUS ORIENTATION NEP-2020
For the Academic Year 2023-24
V Semester B. Com- General
Subject: - Financial Management
EXAMINATION PATTERN – MAXIMUM MARKS: 60 – DURATION: 2 ½ HRS
GUIDELINES
Section – A (TWO MARKS)

1. Answer any FIVE of the following 5x2=10

a) From Module -1 –
2 Questions
b) From Module -1 –
c) From Module -2 – 1 Question
d) From Module -3 – 1 Question
2 Questions
e) From Module -3 –
f) From Module -4 – 1 Question
g) From Module -5 – 1 Question

Section – B (FIVE MARKS)

Answer any FOUR of the following 4x5=20

2. Introduction to Financial Management – One Theory Question- Meaning of Finance, Meaning and
definition of Financial Management, Financial planning.
3. Time Value of Money – One Practical Question - Present value of Single flow, Multiple flow – and
Annuity
4. Capital Structure and Leverages– One Problem on Operating Leverage, Financial Leverage and
Combined Leverages
5. Capital Budgeting– One Problem on Pay Back Period, and Accounting Rate of Return, One Theory
Question - Capital Budgeting Features, Significance – Steps in Capital Budgeting Process.
6. Working Capital Management – NILL
 Section – C (TWELVE MARKS)
Answer any TWO of the following 2x12=24
7. Capital Structure and Leverages - One Problem on Capital Structure, EBIT-EPS Analysis
8. Capital Budgeting - One Problem on Pay Back Period, and Accounting Rate of Return – DCF Methods:
Net Present Value- Internal Rate of Return and Profitability Index
9. Working Capital Management - One Problem on Working Capital Management

Section – D (SIX MARKS)

Answer any ONE of the following 1x6=06

10. From Skill Development Topics

11. From Skill Development Topics

Skill development:
1. Prepare the list of functions of Finance Manager
2. As a finance manager of a company, design an appropriate capital structure.
3. Evaluate a capital investment proposal by using NPV method with imaginary figures.
4. Calculate EBIT and EPS with imaginary figures.
5. Calculate PBP with imaginary figures of uneven cash inflow for three years.

BLUE PRINT
Module/ Title of the No. of Questions for each section Marks Total
Units Module Marks
1 THEORY Section A = 1 + 1 4 09
Section B = 1 5
Section C 0
2 Theory/Problems Section A = 1 2 07
Section B = 1(P) 5
Section C 0
3 Theory/Problems Section A = 1(T) +1(P) 4 21
Section B = 1(P) 5
Section C = 1(P) 12
4 Theory/Problems Section A = 1 2 24
Section B = 1(T) +1(P) 10
Section C = 1(P) 12
5 Theory/Problems Section A = 1 2 14
Section B = nil 0
Section C = 1 12
NOTE: (T) – Theory: (P) – Problems