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Income Tax Ordinance MCQs Questions with Answers. Income Tax Ordinance 2001 Multiple Choice Questions (MCQs) Test with Answers. FPSC, NTS, PPSC, SPSC, KPPSC Test Preparation Material. Link to Income Tax Ordinance 2001 PDF updated up to July 2021 is given below.

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Income Tax Ordinance 2001 MCQs

Q. According to Income Tax Ordinance 2001, the Normal tax year is a period of twelve months from _____ to _____.
(A) 1 January, 31 December
(B) 1 April, 30 March
(C) 1 July, 30 June
(D) 1 September, 31 August

The answer is: (C) 1 July, 30 June ☑

Q. The income of a resident person is computed by taking into account amounts that are:
I. Pakistan-source income
II. Foreign-source income
(A) I only
(B) II only
(C) I + II
(D) I − II

The answer is: (C) I + II ☑

Q. The income of a non-resident person is computed by taking into account amounts that are:
I. Pakistan-source income
II. Foreign-source income
(A) I only
(B) II only
(C) I + II
(D) I − II

The answer is: (A) I only ☑

Income Tax Ordinance MCQs

• Which of the following falls under “Heads of Income” according to the Income Tax Ordinance?
• Chapter-III of the Income Tax Ordinance 2001 deals with
• According to Income Tax Ordinance 2001, the Normal tax year is a period of twelve months from _____ to _____.
• The income of a resident person is computed by taking into account amounts that are:
• The income of a non-resident person is computed by taking into account amounts that are:
• Which of the following is NOT among the heads of “Total Income”?
• Income Tax Ordinance MCQs | Income Tax Ordinance 2001 Questions and Answers

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Income Tax Ordinance (PDF)
Download Income Tax Ordinance 2001 updated up to July 2021 in PDF from this page.