INSPECTOR INLAND REVENUE MCQs

چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب موٹا ہو جاے گا

For the purpose of imposition of tax and the computation of total income , all income has been classified under the ___ heads in section 11 of the Income Tax ordinance .

  1. 6
  2. 5
  3. 4
  4. 3

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Income Tax is a:

  1. Indirect tax
  2. Direct Tax
  3. Fee
  4. None of these

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Budgeting is an estimation of:

  1. Income and investment
  2. Investment
  3. Income and expenditure
  4. All of the above
  5. None of the above

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A budget deficit occurs :

  1. When income is less than expenditure
  2. When loans are less than grants
  3. when earning is less than debt servicing
  4. None

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All properties, assets and records of the Central Board of Revenue were transferred to _______ by the enactment of FBR Act 2007.

  1. FBR
  2. Finance Ministry
  3. Federal Government
  4. none of these

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The federal consolidated fund constitutes :

  1. Federal Government revenues
  2. Federal Government expenditures
  3. Federal Government reserves
  4. None

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pakistan fiscal year starts from

  1. 1st September
  2. 1st January
  3. 1st July
  4. 1st June

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"Computerized system" means:

  1. All the computers of a taxpayer
  2. A computer on which a sales tax return filed
  3. Any information technology system used by the board
  4. None

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Government of Pakistan's fiscal policies is related to ________?

  1. Tax and Expenditure
  2. Consumption and investment
  3. Taxes and revenue
  4. Consumption and Expenditure

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Fiscal policy addresses :

  1. Taxation
  2. Government spending
  3. both
  4. none

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