Fin623 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Mcqz were mostly new and mostly were calculations.
MY SUBJECTIVE
1. Zera Rated Supplies with Example? 3
2. Was a Simple numerical salary was given house rent and conveyance allowance were given had to compute taxable income. 3
3. Define with sections
Salary
Employer
Employee
4. In which cinditions Commissioner of Income tax can send notice to file return? 5
5. What is BOP? when it is positive and when negative? how it can be improved? 5
6. What is Pensio? what is the treatment of Pension as per IT ordinance 2001? 5
7. Was a numerical for computing income of M/s Sons n Company. values i dont remember in a proper way.!!! 5
