Chapter #4 ( Basic Concepts of Income Tax ) Flashcards

1
Q

Tax year

A

Sec 74

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Resident individual with income tax rules 2002 ( Rule 14 )

A

Sec 82

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Resident Company

A

Sec 83

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Resident Association of person

A

Sec 84

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Resident and non resident person

A

Sec 81

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Person

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Company

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Association of person

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Trust

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Unit trust

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Firm

A

Sec 80

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Member

A

Sec 2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Tax on taxable income

A

Sec 4

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Salaried person

A

Sec

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Taxable income

A

Sec 9

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Total income

A

Sec 10

17
Q

Heads of income

A

Sec11

18
Q

Zakat

A

Sec 60

19
Q

Workers welfare fund

A

Sec 60 A

20
Q

Workers participation fund

A

Sec 60 B

21
Q

Principal of taxation of individual

A

Sec 86

22
Q

Deceased individual

A

Sec 87

23
Q

Legal representative

A

Sec 87

24
Q

Authors

A

Sec 89

25
Q

Income of minor child

A

Sec 91

26
Q

Apportionment of deductions

A

Sec 67

27
Q

Apportionment of expenditure Rule 13

A

4 to 5 points

28
Q

Fair market value

A

Sec 68

29
Q

Recouped expenditure

A

Sec 70

30
Q

Currency Conversion

A

Sec 71

31
Q

Cessation of source of income

A

Sec 72

32
Q

Rules to prevent double derivation and deductions

A

Sec 73

33
Q

Tax on dividend

A

Sec 5

34
Q

Rules of final tax regime

A

Sec 8