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FIN623_Share your Current Mid Term Papers Spring 2017 at One Place from 3 June 2017 to 13 June 2017

FIN623_Share your Current Mid Term Papers

Spring 2017 at One Place

from 3 June 2017 to 13 June 2017

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My paper 08-06-2017

Total 23 questions

18 MCQs and 5 subjective mixture of difficult and easy.

A small scenario was given of Mr. Khan about Resident Association of Person. Explanation was required in the light of relevant section of income tax ordinance 2001.

Calculation of total income of given person. Salary received from govt of Pakistan amount . . .  And received rent in UK amount . . .

Another question was about the use of agriculture produce as raw material. Calculation of total income of the owner . it was difficult question.

Another question was. Why government levy tax. What are the components to be considered while levy tax.

One more question I forgot.

Thank You So Much 

JazakAllahu Khairan Kaseera 

Best Of Luck 

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