FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

business taxation pakistan Q.No 1 The following information's provided by Professor Muhammad Bashir. He born in fifteen June ninety fifty seven, calculate the final tax

image text in transcribed

business taxation pakistan

Q.No 1 The following information's provided by Professor Muhammad Bashir. He born in fifteen June ninety fifty seven, calculate the final tax liability of Professor Muhammad Bashir. Basic salary Rs. 45000 pm Cost of living allowance Rs. 100000 Agriculture Income Rs. 15000 Senior Post Allowance Rs. 25000 Muhammad Bashir Won a laptop in completion of excellent employee Rs. 150000 Donation to FUUAST Rs. 110000 Investment in pension fund Rs. 105000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Financial Accounting

Fundamentals Of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby

1st Edition

0072992573, 9780072992571

More Books

Students also viewed these Accounting questions

Question

★★★★★
Golf-2-Go, Inc., a manufacturer of motorized carts for golfers, has just received an offer from a supplier to provide 2,000 units of a component used in its main product. The component is a wheel...

Answered: 1 week ago

Question

★★★★★
The following account titles and balances were taken from the adjusted trial balance of Hogan Sales Co. at December 31, 2016. The company uses the periodic inventory method. Account Title...

Answered: 1 week ago

Question

★★★★★
In a company with 300 employees, find the probability that exactly 4 employees have their birthday on February 14th (assuming a nonleap year of 365 days) (i) using the binomial distribution; (ii)...

Answered: 1 week ago

Question

★★★★★
Chiam Corporation has $300,000 of 12% bonds, callable at 102, with a remaining 10-year term, and interest payable semiannually. The bonds are currently valued on the books at $290,000, and the...

Answered: 1 week ago

Question

★★★★★
If productivity growth is 3 percent and wage increases are 5 percent, you would predict that the economy will encounter _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . Group of answer choicesinflation of...

Answered: 1 week ago

Question

★★★★★
Star Company was organized on August 1 of the current year. Projected sales for the next three months are as follows: August $250,000 September 200,000 October 275,000 The company expects to sell 50%...

Answered: 1 week ago

Question

★★★★★
Thoroughly respond to the prompts below. Enter your responses on a new line. 1. Analyze the project risk: What could cause the problem to occur? How can each problem be prevented? If the problem...

Answered: 1 week ago

Question

★★★★★
4. From the conservation of momentum equation below, write out the 2 scalar equilibrium equations for a 2-dimensional isotropic elasticity problem. ft pf = (2+) Fix +N+fXx + pl. fu fx, fx, fx, fx,...

Answered: 1 week ago

Question

★★★★★
Draw a circle representing one platter surface of a hard disk. On your drawing show an example of a track, of a sector, and of a block. 10.5 Draw a sector representing one platter surface of a hard...

Answered: 1 week ago

Question

★★★★★
Construct and submit the Future State VSM using seconds for TT , PT , and CT calculations. Make the map fit on one page by turning the page landscape. The map must be legible and professional. Based...

Answered: 1 week ago

Question

★★★★★
1) If you were worth $1 Million at the end of World War II, calculate how much you would need today to maintain the same purchasing power as in 1945? 2) How much would Rockefellar's fortune be worth...

Answered: 1 week ago

Question

★★★★★
Judy Chang, the account manager for Northern Securities, has a portfolio that includes 20 shares of Allied Information Systems and 30 shares of Bangalore Analytics. Both firms provide Web-access...

Answered: 1 week ago

Question

★★★★★
5.65 A random variable X is normally distributed with a mean of 100 and a variance of 500, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random...

Answered: 1 week ago

Question

★★★★★
5.66 An investor plans to divide $200,000 between two investments. The first yields a certain profit of 10%, whereas the second yields a profit with expected value 18% and standard deviation 6%. If...

Answered: 1 week ago

Previous Question Next Question