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Re: ::: vuaskari.com ::: MY Today's FIN623's ppr

good luck & pray for our ppr

On Mon, May 23, 2011 at 10:23 AM, /*~1 Nation~*\ <1.nation.vu@gmail.com> wrote:
only 3 mcq's were new. rest were from past :)
 
What is PE (permanent establishment) ?            3 makrs

 

What is market value as per rule 11(3) of income tax rule 2002?            3 marks

 

Define following with sections,               5 marks

  1. Resident individual
  2. Resident AOP

 

 

Mr. Khalid a non resident , compute his taxable income.            5

 

Salary from Pak            400000

Earning from Malaysia through PE in PAK  100000

Remmitance from India                         200000

Profit on debt with a bank in Pak          25000



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

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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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