The Tamil Nadu Open University organizes examination of Tax Management for the Master in Business Administration course. The entire papers under this course are given a code which is set by the university. This paper is coded as MSP-32.

Why this subject is important?

The subjective importance of the TNOU MBA-Second Year-Tax Management Papers is as high as others have. It gives the perfect knowledge about the features of different taxation scheme. One can have better preference in any tax related firms. The students need to study well if they are willing to work in any tax company. The various kinds of rules and regulation that a tax company follows are also included under this subject.

Paper Overview

As always, the paper patterns are same for the entire Master in Business Management papers. The TNOU MBA-Second Year-Tax Management Papers includes a maximum of two groups A and B respectively. The maximum number of questions that one should need to attempt from the first group of this paper is three and from the second group only four questions are need to answer. The markings that all the questions of first and second group carry are same for the MSP-32 paper. .

Questions which are commonly asked

The most number of questions are not repeated from the Tax Management Papers. There are few questions that are frequently asked from this paper are expenditure of capital and revenue, a brief details about the various kinds of companies and different salient features of taxation scheme for any firm etc.

Time and marks:

The maximum time and marks allotted for the TNOU MBA-Second Year-Tax Management Papers is three hours and 75 respectively. Students must write the answer as directed in the question paper.

Books recommended:

Direct Tax Planning and Management, By Kaushal Kumar Agrawal