Tax Book 2023

Final Tax Regime and Minimum Tax Chapter- 22

(d) all of above

Q.37 __ includes the imparting of any information concerning technical, industrial, commercial or
scientific knowledge, experience or skill.
(a) dividend
(b) fee for technical services
(c) royalty
(d) all of above

Q.38 Tax on imports by the importer at the time of clearance from custom authorities in respect of fertilizer
for manufacturing purpose shall be treated as ___.
(a) final tax
(b) adjustable
(c) custom duty
(d) none of above

Q.39 Tax is deducted at ____% of the gross amount of profit on debt where the same does not exceed Rs.
5 , 000 ,000 as reduced by Zakat under Zakat and Ushr Ordinance.
(a) 10
(b) 15
(c) 20
(d) 30

Q.40 A person shall be required to furnish the return of income even when all the incomes derived by him
in the tax year are covered under __.
(a) FTR
(b) SBI under NTR
(c) NTR
(d) all of above

Q.41 Turnover tax is applicable on ___ on fulfilment of certain conditions.

(a) companies

(b) PE of non resident companies

(b) individuals

(c) AOP

(d) all of above

Q.42 While making payment in respect of brokerage or commission to the taxpayers, prescribed persons
making payment are required to ___.
(a) deduct tax at source
(b) deduct service charges
(c) inform to SECP
(d) all of above