FIN623 Finalterm Current Paper 2013 File 4 Shared by Syed Nouman Ali Zaidi

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What is the tax treatment of Pension under clause 16 and 17 of Part 1 of second schedule related to “Shaheeds”? (3)
What is VAT (Value added tax)? 3
What do you mean Intangeble and cost of Intengible as per define in Sec 24? (5)
Mrs. Asia working in government institute as as teacher (5)
B.S= 3000 P.M
Medical Allowance = 2500 P.M
Utilities Amount = 51600 P.A
Agri. Income=90,000
What will be amount Taxable=?
and others question in not in my memory, because it is very deficult.

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