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::: vuaskari.com ::: FIN-623

which option is correct

Superior judiciary includes which of the following authorities?
City Court
Supreme Court
High Court
Both supreme and High court

Which one of the following is the example of tax payer?
Salaried Person
LESCO
WAPDA
All of the given options

In case of lump sum receipt of income like Golden hand shake the tax payer pays
tax in which of the following way?
Average of last 3 years tax rate(review again)
Option to choose current or average of last 3 years tax rate
Current tax rate
Previous year tax rate

What is the tax treatment of the salary of an employee of foreign government but
citizen of Pakistan?
Exempt form tax
Wholly Taxable
Partly Taxable
No Tax treatment given in IT Ordinance 2001



Mr. Ali resident of Pakistan received salary form UK? What will be the tax
treatment of his salary in Pakistan?
Wholly taxable
Partly Taxable
Wholly exempt
Wholly exempt only if resident paid foreign tax on his salary

Mr. A resident of Pakistan received interest on Australian Bonds Rs. 100,000
(half amount received in Pakistan). What is the treatment of this amount for
calculating his gross total income?
Rs. 100,000 added in his total income
Rs. 100,000 subtracted from his total income
Rs. 50,000 added in his total income
Exempt from tax




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