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Assignment # 01

17. Residential Status & Taxation (Contd.....)

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May 05, 2011

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Submit Date:	May 06, 2011

Score: 17.00

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Graded Assignment

On Sat, May 14, 2011 at 8:23 PM, mc090400185 Sheikh Javaid Ijaz <mc090400185@vu.edu.pk> wrote:

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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We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
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