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AOA, 

Please share FIN622 today's paper asap.

Regards

On Fri, May 13, 2011 at 5:15 PM, Mr.Usman <143.silent.usman@gmail.com> wrote:

Hello All,

Hope u all will be fine…

Paper was tooo Much easy even I solve it with in 30 Mint

Kuyn k  aik 5 Num ka Question nahi ataa thaa naa…

iss liye paper jaldhi hooo gayaa…hahahahaahhahahah

 

Anyway Total Question was 32

28 MCQ

And 4 Subjective

2 for 3 Num

And 2 for 5 Num

And the Subjective question was these…..

 

1)

 What is Individual resident status explain its different points?

 

2)

If Mr. Kamal resident of Pakistan suffered a foreign loss against the income

received from foreign country in tax year. What is the treatment of such

foreign loss? Which section deals this kind of loss? Such losses can be

carried forward up to how many years?

3)

What is association of person and how profit will be distributed among partners?

4)

 Profit on debt earned by a non-resident person is exempt from tax under clause (77) of Part I of the second schedule. Is this exemption only available to "Individuals" as reference has been made to persons being citizens of Pakistan or otherwise? Provide the details of this clause.

 

 

 

Best Regards,

 

 

     Mr  Usman Khan

      a Name Of
  ~*~*~"SiLENT LOVER"~*~*~

usmanramzan@hotmail.com  

 

                  

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Best Regards,

 

 

     Mr  Usman Khan

      a Name Of
  ~*~*~"SiLENT LOVER"~*~*~

usmanramzan@hotmail.com  

 

                  

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