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Re: ::: vuaskari.com ::: FIN 623 - CORRECT ANSWERS

Question No: 26 ( Marks: 1 ) -Please choose one

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 


On Sun, May 15, 2011 at 6:33 AM, mc090400185 Sheikh Javaid Ijaz <mc090400185@vu.edu.pk> wrote:
Question No: 19 ( Marks: 1 ) - Please choose one
For a resident AOP which of the following condition must be satisfied?
► Control and management of affairs of AOP is situated partly in Pakistan
► Control and management of affairs of AOP is situated wholly in Pakistan
► Control and management of affairs of AOP is situated wholly or partly in
Pakistan
► None of the given options


Question No: 18 ( Marks: 1 ) - Please choose one
For a non-resident AOP which of the following condition must be satisfied?
. Control and management of affairs of AOP is situated partly in Pakistan
. Control and management of affairs of AOP is situated wholly in Pakistan
. Control and management of affairs of AOP is situated wholly or partly in
Pakistan
. None of the given options

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