Tuesday, August 10, 2010

FIN623 Final Paper 2010

48 mcq & 5 subjective questions

Total marks = 69

Two questions have been forgotten and three are following…


1. Who is required to file a return?

2. What do you mean by capital assets? List down items which are including in capital assets and excluding from capital assets?

3. What is pension and its tax treatment?

Another Paper :-

Today my paperwasfin623
Motor vehicle of engine capacity Amount of Tax
Up to 850cc ?
851to1000cc ?
1001to1300cc ?
And so
See this table on page 124 (5)

Penalty for filure to maintain recods Under sec 185 & 186(3)
Deprecation rates specified for the purpose of section 22

Bulding
Funiture
Computer hardware printer etc

One question calculate taxable income (5)

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