Which of the following is the example of deem income?
Select correct option:
Cash Gift
Salary
Loan through cross cheque
Golden hand shake
Treatment of certain loans, advances and gifts as deemed income.
[Sub-section (18) of section 12].
Under sub-section (18) of section 12, any loan of Rs.100,000 or more was deemed
to be the income of recipient, if it was received otherwise than through a crossed
cheque. This provision has been amended and now all loans, advances and gifts shall
be deemed to be the income of an assessee if these are not transacted through a crossed
cheque or a banking channel from a person holding a NTN.
This change in law, shall be applicable in respect of loans/ advances and gifts
which are made on or after 1st July, 1998.
On Wed, Apr 20, 2011 at 2:09 AM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:
The process of clubbing of income results in which of the following?
Select correct option:
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
On Tue, Apr 19, 2011 at 10:16 PM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:
Interpretation of Tax Laws is the prime responsibility of which of the following?
Select correct option:
Parliament
Supreme Court
High Court
Superior Judiciaries
On Tue, Apr 19, 2011 at 9:48 PM, /*~1 Nation~*\ <1.nation.vu@gmail.com> wrote:
Yes fatigue for sure. as all other words are used to take something positively.--
On Tue, Apr 19, 2011 at 9:46 PM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:
Which one of the following is the general meaning of Tax?
Select correct option:
Relax
Lighten
Relieve
Fatigue
--
█▓▒░ Hafiz Salman Majeed░▒▓█
MBA Last Semester (Finance Group) LAHORE
اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرةجہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے
--
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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
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--
█▓▒░ Hafiz Salman Majeed░▒▓█
MBA Last Semester (Finance Group) LAHORE
اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرةجہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے
--
█▓▒░ Hafiz Salman Majeed░▒▓█
MBA Last Semester (Finance Group) LAHORE
اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرةجہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے
--
█▓▒░ Hafiz Salman Majeed░▒▓█
MBA Last Semester (Finance Group) LAHORE
اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرةجہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے
--
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
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MIS Group: http://groups.google.com/group/askari_mis?hl=en
--
*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
MIS Group: http://groups.google.com/group/askari_mis?hl=en
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