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Q. Which of the following is NOT among the heads of “Total Income”?
(A) Salary
(B) Income from property/business
(C) Income from sales
(D) Capital gains

The answer is: (C) Income from sales

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