Scribd
Upload
212 views1 page

FIN623 1st Assignment

This document is the assignment 1 for the course FIN623 (Taxation Management) from Virtual University of Pakistan. It is due on May 6th, 2010. The assignment contains one question that asks to identify the legal status under the Income Tax Ordinance 2001 of 10 persons or organizations, including the Virtual University of Pakistan, Bank Al-Falah Ltd., WAPDA Town Employees Housing Society, individuals, companies, a firm, a Hindu undivided family, and trusts. The response provides the legal status for each of the 10 items.

Uploaded by

Power Girls
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC or read online on Scribd
212 views1 page

FIN623 1st Assignment

This document is the assignment 1 for the course FIN623 (Taxation Management) from Virtual University of Pakistan. It is due on May 6th, 2010. The assignment contains one question that asks to identify the legal status under the Income Tax Ordinance 2001 of 10 persons or organizations, including the Virtual University of Pakistan, Bank Al-Falah Ltd., WAPDA Town Employees Housing Society, individuals, companies, a firm, a Hindu undivided family, and trusts. The response provides the legal status for each of the 10 items.

Uploaded by

Power Girls
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC or read online on Scribd
You are on page 1/ 1

FIN623 (Taxation Management)

Assignment 1
Due Date: 6th May, 2010

Q. No. 1:
Identify the legal status of the following persons
according to the Income Tax Ordinance 2001;
a. Virtual University of Pakistan
b. Bank Al-Falah Ltd.
c. WAPDA Town Employees Housing Society
d. Mr. Akhter Ali Sheikh serving as a Manager in Chenab
Textile Mills.
e. Mrs. Batool serving as a Director in ABC Private Ltd.
Company
f. Haji Murad Trust Eye Hospital.
g. Ali Ibrahim’s an unregistered firm of Mr. Ali Ahmad and
Mr. Ibrahim Butt.
h. Mr. Vikaas Bhalla (a Hindu), his sons and Mr. Veer and
Mr. Raj
i. Ansaar Barni Welfare Trust
j. Askari Islamic Bank Ltd.

a. Virtaul University of Pakistan: Company


b. Bank Al-Falah Ltd.: Banking Company
c. WAPDA Town Employees Housing Society: Company
d. Mr. Akhter Ali Sheikh serving as a Manager in Chenab
Textile Mills: Individual
e. Individual
f. Company
g. Firm
h. Hindu undivided family
i. Company
j. Banking Company

You might also like