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Question No.2020

Determine total income of Mr Sharif a non-resident individual-02020

Online Quiz This subjective question is related to the book/course vu mgt502 Organizational Behaviour. It can also be found in vu mgt502 Mid Term Solved Past Paper No. 2.

Question 1: Determine total income of Mr. Sharif, a non-resident individual for tax year 2009. Relevant data is given below:
  1. i. Share of profit received in Singapore from a business controlled through a permanent establishment in Pakistan Rs 400000.
  2. ii. Salary income of Mr. Sharif from an employment in Pakistan Rs100,000
  3. iii. Remittance received from China Rs 100,000
  4. iv. Profit on debt received on deposits kept with a bank in Pakistan Rs 25000
Answer:
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