Computation of Taxable Income Chapter- 06
ICMAP PAST PAPERS THEORETICAL QUESTIONS
Q. NO. 3 spring 2015
Briefly state how the income derived by a minor child of a taxpayer under the head ‘income from business
would be chargeable to tax as per section 91 the Income Tax Ordinance, 2001. Also discuss the exception
in respect of such income.
Q. No. 3(a) February 2013
Write short answers of the following questions:
(ii) In case of a non-salaried taxpayer what would be the rate of income tax where the taxable income of an
individual exceeds Rs. 2,500,000?
Q. NO. 3(b) WINTER 2004 Describe main principles of taxation of companies as given in section 94 of
Income tax Ordinance, 2001?
Q. NO. 2(a) SUMMER 2004 What is the tax liability in case of succession to business, otherwise than on
death, U/S 98(c) of Income tax Ordinance, 2001?