Mr X employed in Pakistan remittance from USA received Rs 10-11117
Mr. X employed in Pakistan remittance from USA received Rs. 10,000 in Pakistan from past profits. Which of the following is right for the above scenario?
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.8.
Mr. X employed in Pakistan remittance from USA received Rs. 10,000 in Pakistan from past profits. Which of the following is right for the above scenario?
Mr. X being resident of Pakistan Rs. 10,000 will be added in Gross total income
Mr. X being resident of Pakistan Rs. 10,000 will be Subtracted in Gross total income
Mr. X being non-resident of Pakistan Rs. 10,000 will be added in Gross total income
Remittance is not income hence it is not included