TAMIL NADU OPEN UNIVERSITY

TAMIL NADU OPEN UNIVERSITY

Chennai - 15

SCHOOL OF MANAGEMENT STUDIES

HOME/SPOT ASSIGNMENT

Programme Code No :152

Programme Name : B.COM (BANK MANAGEMENT)

Course Code & Name : BBM-31 INCOME TAX

Batch : AY 2019-20

No.of Assignment : 3

Maximum Marks : 25 (Average of Total No. of Assignments)

ASSIGNMENT - 1

Answer any one of the question not exceeding 1000 words Max:25 Marks

1. State the provisions of the Income Tax act regarding gratuity received.

ரி

2. Which of the following incomes are taxable when the residential status of Mr.

Krishna Murthy is :

(a) Resident

(b) Not Ordinarily Resident

(c) Non-Resident

(i) Income accrued in agriculture in Bangladesh but received in India Rs.

1,80,000.

(ii) Rs. 10,000 earned in Africa and received there but brought to India.

(iii) Rs. 12,000 earned in India but received in Canada.

(iv) Rs. 1,20,000 earned and received in Srilanka from business controlled

from India.

(v) Income from House property situated in Pakistan. Rs. 15,000.

(vi) Gift in cash from a relative received in India Rs. 60,000

(vii) Profits earned from a business in Kanpur Rs. 15,000.

(viii) Interest on saving Bank Deposit in SBM. Delhi. Rs. 11,200.

மூ ரி நி

a ர

b ர

C

ரி

i

ii ரிர

iii

iv ர

v

vi ர ரி

vii ரி ர

viii SBM

3. What is Salary? Elaborate the features of Salary.

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ASSIGNMENT – 2


1. Mr. Ravi has occupied 2 houses for his residential purposes, particulars of

which are as follows:

Particulars House A House B

Municipal Valuation 60,000 20,000

Fair Rent 85,000 22,000

Standard Rent under Rent

control Act 65,000 NA

Municipal Taxes paid 10 % 10 %

Date of commencement of

construction 12-4-1988 10-4-1990

Date of completion 10-4-1991 14-4-1991

Fire Insurance 600 300

Interest on capital borrowed for

construction of house 56,000 Nil

Determine the House property income for the Assessment year 2017-18.

ர ர ர ர

ர House A House B

ர

ர NA

ர ரி

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NA

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2. Mr. X purchased a house in May 1984 at a cost of Rs. 40,000. In June 1988 he

added two rooms at a cost of Rs. 30,000. In June 2016 he sold the house for Rs.

6,00,000 and paid Rs. 10,000 as brokerage. He purchased a new house at a cost of

Rs. 2,00,000 on 10th march 2017. Compute the capital gains for the Assessment

Year 2017-18.

(CII: 1984-85—125; 1988-89—161 and 2016-17— 1125)

X

ரர

ரி மு

(CII: 1984-85—125; 1988-89—161 and 2016-17— 1125)

3. Highlight the Income exempt from Tax.

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ASSIGNMENT – 3


1. What are the deductions available in computation of incomes from other sources?

2. Mr. Malan who is handicapped provides the following information. Compute the

taxable income of Malan for the Assessment Year 2017-18.

Rs.

Salary per annum 1, 30,000

Interest on Savings Bank Account 15,000

Interest on Government Securities 4,000

LTCG 40,000

STCG 10,000

Winnings from lotteries 20,000

Deposit in PPF 40,000

NSC (VIII) purchased during the year 20,000

ரி ரி

ரமூமூ

ரி மு

NSC VIII

3. Compute Income from Other Sources from particulars given below:

Rs.

Interest on deposits with a company 10,000

University remuneration for working as

examiner 6,000

Royalty for writing books 60,000

He claims to have spent Rs. 20,000 on writing these books

Dividend received from Public Sector Company Rs. 3,000 and collection charges for

dividend received Rs. 300

Rent from letting machinery Rs. 5,000 p.m.

Depreciation on machinery Rs. 10,000.

Repairs on machinery Rs. 5,000

Rent form letting plot of land 2,000 p.m.

Stake money on race horses 1,50,000

Horses are maintained by him and expenses

on maintenance of these horses are 2,40,000

Family pension received 36,000

ர ர

ரி ரர

ர p.m.

ரர

p.m

ரர ர ர ரி ர ர ரி


Chennai - 15





Course Code & Name : BBM-32 COST ACCOUNTING

Batch : AY 2019-20



ASSIGNMENT - 1


1. Explain the difference between Cost Accounting and Financial Accounting.

2. Mr. Gopal furnishes the following data relating to the manufacture of a standard

product during the month of April 2004.

Raw material consumed Rs. 15,000; Direct labour charges Rs. 9,000; Machine hours

worked – 900; Machine hour rate Rs. 5; Administrative overhead 20% on work cost;

Selling overhead Rs. 0.50 per unit; Unit produced 17,100; Units sold 16000 units;

Unit selling price Rs. 4 per unit.

Prepare Cost Unit with Cost Per Unit.

Mr. Gopal ரி ரரி

மூ நேர ர நேர

ர நேரம்ரி

4.

3. You are required to prepare a Cost Sheet from the following information.

Rs.

Materials purchased 2,00,000

Wages 1,00,000

Direct Expenses 20,000

Opening stock of materials 40,000

Closing stock of materials 60,000

Factory Overhead is absorbed at 20% on wages. Administration Overhead is 25%

on the Works Cost. Selling and Distribution Overheads are 20% on the Cost of

Production. Profit is 20% on sales.

ர ர ரி

மூ

நேர

மூ ர

மூ

ASSIGNMENT - 2


1. From the following, prepare stored ledger under LIFO method:

2015 March

1 Opening balance 100 units at Rs. 5 each

6 Received 500 units @ Rs. 6 each

20 Issued 300 units

25 Issued 200 units

26 Received 500 units @ 5 each

28 Issued 300 units

30 Issued 250 units

Shortage of material of 5 units found on 29th March.

ர LIFO ர ரரி

ர

th

2. The Sales Turnover and profit during two years were as follows:

2012 2013

Rs. Rs.

Sales 1,30,000 1,50,000

Profit 6,000 10,000

You are required to calculate:

(a) P/V ratio.

(b) Break Even Point.

(c) Sales required to earn a profit of Rs. 15,000.

(d) Profit made when sales are Rs. 1,10,000.

(e) Margin of Safety at Profit of Rs. 20,000.

ர

2012 2013

3. What are the requisites of a good Costing System? Describe the different

elements of cost in detail.

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ASSIGNMENT - 3


1. Discuss the advantages of Cost Accounting.

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2. Calculate:

(a) Maximum stock level.

(b) Minimum stock level.

(c) Average stock level.

(d) Re-order level.

Re-order quantity 3000 units; Reorder period 4 to 6 weeks. Normal

consumption 3000 units per week each. Minimum usage 1500 units per week

each. Maximum consumption 4500 units per week each.

ர

ர ரி

to ர ரர ர

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3. A company has 3 Production Department A, B and C and two Service Department

X and Y. Show how the expenses of service departments would be apportioned to

production departments.

Production Department :

A — Rs. 80,000

B — Rs. 70,000

C — Rs. 50,000.

Service Department :

X — Rs. 23,400

Y — Rs. 30,000

The expenses of Service Department are apportioned on following basis:

A B C X Y

X 20% 40% 30% — 10%

Y 40% 20% 20% 20% —

A, B, C மூ X and Y

ர

முரி

A – 80,000,

B – 70,000,

C – 50,000

X – . 23,400,

Y – . 30,000

A B C X Y

X 20% 40% 30% — 10%

Y 40% 20% 20% 20% —

ASSIGNMENT - 4


1. Describe the Functions, Importance, advantages and limitations of cost

accounting.

செலவு கணக்கீட்டின் செயல்பாடுகள், முக்கியத்துவம், ேன்மைகள் ைற்றும் வரம்புகமை விவரிக்கவும்.

2. Explain the methods of pricing the issues of materials.

செலவு கணக்கீட்டின் செயல்பாடுகள், முக்கியத்துவம், ேன்மைகள் ைற்றும் வரம்புகமை விவரிக்கவும்.

3. What is meant by Reconciliation between cost and Financial Books? Why is it

necessary?

செலவுக்கும் ேிதி புத்தகங்களுக்கும் இமையிலான ேல்லிணக்கம் என்றால் என்ன?

அது ஏன் அவெியம்?


Chennai - 15





Course Code & Name : BBM-33 MARKETING OF BANKING SERVICES

Batch : AY 2019-20



ASSIGNMENT - 1


1. State the difference between Product Market and Services Market.

2. Explain the factors affecting the Marketing Environment.

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3. Examine the contributions of Marketing Research to Banks.

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ASSIGNMENT - 2


1. Explain the need for Situation Analysis.

2. Discuss the need for marketing of Banking Services.

3. What are the sources of Primary Data and Secondary data?

மு ர ர ர மூ

ASSIGNMENT - 3


1. Define Buying Motives. What are the forces influencing Buying Motives?

ந ர

2.What are the steps taken by Banks to understand customer needs?

3. List out the Advantages and Disadvantages of Market Segmentation.

ந


Chennai - 15





Course Code & Name : BBM-34 CUSTOMER RELATIONSHIP MANAGEMENT

Batch : AY 2019-20



ASSIGNMENT - 1


1. Enumerate the factors influencing Customer Satisfaction.

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2. Explain the different channels of Communication.

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3. Describe the essential elements of a Business Letter.

மு ரி

ASSIGNMENT - 2


1.What are the advantages of Customer Relationship Management?

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2.Explain the relationship between Banker and Customer.

3.What are the services of Banking Ombudsman?

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ASSIGNMENT - 3


1. What are the ways and means of Customer Satisfaction?

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2. Enumerate the merits and demerits of Oral and Written Communication.

மு ந

3. Explain the keys to Better Listening.

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Chennai - 15





Course Code & Name : BBM-35 TREASURY MANAGEMENT

Batch : AY 2019-20



ASSIGNMENT - 1


1. Explain the role and importance of Treasury Management.

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2. Describe the various Money Market Instruments.

3. Explain the Regulatory functions of RBI.

RBI-

ASSIGNMENT - 2


1. What are the constituents of Domestic Money Market?

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2. Describe the features of Govt. securities and Certificate of Deposits.

ர ர ரி

3. What are the objectives of Asset Liability Management?

ந

ASSIGNMENT - 3


1. Discuss the importance of Domestic Money Market.

ந மு

2. Discuss the role of RBI in regulating Foreign Currency Market.

RBI

3. List out the merits and demerits of Government Securities.

ர ர ந

TAMIL NADU OPEN UNIVERSITY

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