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Re: ::: vuaskari.com ::: FIN623 MCQ Ans required with a solid ref

Rate charged under presumptive tax regime to non resident shipping firm 8% on its gross receipt is quite low as compare to other business. This is an example of which type of tax concession?
► Reduction in total taxable income
► None of the given options
► Reduction in tax liability
► Reduction in tax rate
4th???

2011/4/24 ∂υα ωαqαя <dua4566@gmail.com>
option 2
http://www.docstoc.com/docs/17135502/Indian-INcome-Tax
Page# 22

On Sun, Apr 24, 2011 at 2:36 PM, /*~1 Nation~*\ <1.nation.vu@gmail.com> wrote:
The process of clubbing of income results in which of the following?
►  Lower Bracket rate of tax is charged

► Higher Bracket rate of tax is charged

► Moderate Bracket rate of tax is charged

► No change occur due to clubbing
is it 1st or 2nd?

--
*Qazi Muhammad Umer*
*_MBA _Finance_*
*4th semester*
*Lahore.*


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--
*Qazi Muhammad Umer*
*_MBA _Finance_*
*4th semester*
*Lahore.*


--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
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