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FIN623 Current Final Term Papers Spring 2020 & Solved MCQs, Short Notes, Solved Past Papers, Solved Online Quizzes, E-Books, FAQs, Short Questions Answers & More

FIN623 Current Final Term Papers Spring 2020 & Solved MCQs, Short Notes, Solved Past Papers, Solved Online Quizzes, E-Books, FAQs, Short Questions Answers & More

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FIN623 VU Current Final Term Papers Spring 2020 (10 September onward)  

FIN623 Current Final Term Paper
What is the main purpose of gratuity? 3 marks
What is meant by depreciable asset? 3 marks
What are the penalties in case of failure to maintain record and non compliance with the notice under section 185 and 186 of income tax ordinance 2001 respectively? 3 marks
If rent received in advance for more than 1 year, wholly taxable in the year received? 3 marks
Under what conditions a commissioner of income tax may ask for the filing of returns by notice? 5 marks
Levy of tax on capital value of certain assets? 5 marks
List down some important characteristics of salary? 5 marks
Calculate the taxable income and tax payable? Values were given. 5 marks

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