20. Mr.Kiani has received basic salary of Rs. 30,000 per month during the tax year 2009. He has received matured Defence Saving Certificates of Rs. 60,000 of which 7,000 were encashed. What will be his taxable income?
► Rs. 960,000
► Rs. 4,13,000
► Rs. 6,50,000
► Rs. 110,000
calculation plzz
On Mon, Jul 25, 2011 at 9:10 AM, fariha maqbool <farihamqbl4@gmail.com> wrote:
Tax payer can opt to seek approval from CIT to charge lump sum payments received in a tax year at average tax rate of last three years. handouts page#59
maha see this reference
On Mon, Jul 25, 2011 at 9:05 AM, MAHA SHAH <maha.shah.askari@gmail.com> wrote:
2nd option is correct
Option to choose current or average of last 3 years tax rate
On Mon, Jul 25, 2011 at 7:01 AM, shanzay gull <shanzay.vu@gmail.com> wrote:
in case of lump sum receipt of income like golden hand shake the tax payer pays tax inwhich way?average of last 3 years tax rateOption to choose current or average of last 3 years tax rateCurrent tax ratePrevious year tax rate
in past paprs file, in one papr first option ios selectedand in secnd papr second option is selected.......:(
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preety doll
angel4u
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