Deduction / Payment of Tax Chapter- 23
Q.NO. 4(c) Spring 2004 Please mention the period for which advance tax is payable and the dates by
which such advance tax is payable.
Q.NO.4(d) Spring 2004 What would be the withholding tax rate on the payment of Rs. 50 million by a
company to a resident person for the execution of a turnkey contract. Please also explain the taxability of
income from such turnkey contract in the hands of resident person.
Q.NO.5 Autumn 2003 List down the taxes deducted/collected at source which are treated as full and final
discharge of tax liability?
Q.NO. 2 Spring 2003 Explain the provisions relating to payment of advance tax by an individual.
Q. NO. 6(a) Spring 2003 Briefly explain the salient features of deduction/collection of income tax at source
on the following:
- Payment of dividend to a corporate shareholder
- Payment of rent
- Imports
Q.7 Spring 2002 What are the requirements for advance payment of tax by an individual under the Income
Tax Ordinance, 1979?
Q.8 Spring 2002
(a) What are the consequences for non-payment or short payment of advance tax?
(b) What powers are provided in the Income Tax Ordinance, 1979 for recovery of tax if an assessee fails
to voluntarily pay the assessed tax liability?
Q.8 Autumn 2002 Explain whether income tax authorities can rectify their orders, if so, under what
circumstances and is there any limitation of time for doing so?
Q.10 Autumn 2002 Explain the law applicable in special case for recovery of income tax from a defaulted
partner of a firm.
Q.7 (a) Autumn 2002 Elaborate the provision of Section 50(1) relating to withholding of tax on Salary.
Q.9 Autumn 2002 How would you make deduction of tax at source on payment of dividend to A resident
individual
a. Public company listed in Pakistan
b. A non-resident individual
c. A non-resident company
Q.NO. 1 March 2000 who is required to withhold or collect tax under the following cases? Are there any
exception available?
(i) commission and brokerage
(ii) at the stage of import
(iii) at the time of payment of dividend
Q.NO. 1 Sep 2000 Discuss the provisions regarding recovery of tax.
Q.NO. 1 Sep 2000
(a) who is required to pay advance tax;
(b) how advance tax is computed;
(c) what are the dates for payment of advance tax
Q.NO. 7 Sep 2000 describe briefly the provisions of withholding tax in respect of:
(a) Payment of interest of profit on an account or deposit with a bank.
(b) Payment for services rendered by a resident person
(c) commission or brokerage
(d) payment of rent of property