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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
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