Mr A resident of Pakistan received interest on Australian Bonds-11074
Mr. A resident of Pakistan received interest on Australian Bonds Rs. 100,000 (half amount received in Pakistan). What is the treatment of this amount for calculating his gross total income?
This multiple choice question (MCQ) is related to the book/course vu fin623 Taxation Management. It can also be found in vu fin623 Final Term - Quiz No.3.
Mr. A resident of Pakistan received interest on Australian Bonds Rs. 100,000 (half amount received in Pakistan). What is the treatment of this amount for calculating his gross total income?
Rs. 100,000 added in his total income
Rs. 100,000 subtracted from his total income
Rs. 50,000 added in his total income
Exempt from tax