Fin623 VU Final Term Current Paper (Feb 2011)

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Fin623 VU Final Term Current Paper (Feb 2011)

Total Qs 69
62 MCQs
63- What is the treatment of gratuity (i) Approved by CIT (ii) Approved by FBR (3 marks)
64- What are the penalties for failure to maintain records and non-compliance with notice (5 marks)
65- Write deductions not allowed in case of income from business under section 21 (5 marks)
66- Write down ten items of income from other sources (5 marks)
67- Income from property and dividend amounts are given to find tax payable by Mr. X. (3 marks)
68- Under what conditions a commissioner of Income Tax may ask for the filing of returns by notice? (5 marks)
1 yaad nahi a raha.
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