91. When the loss is to be surrendered, then which of the following formulas is applied?
a. (A×B)/100
b. A/A+B ×100
c. (A/100) ×B
d. NOT
92. A is considered as _________ in the formula of loss surrender of the holding and subsidiary company formula?
a. Percentage share capital held by a subsidiary of holding company
b. Percentage share capital held by the holding company of its subsidiary company
c. Percentage of share of asset of a subsidiary company of holding company
d. NOT
93. B is considered ________ in the formula given for measuring the loss surrender of the holding and subsidiary company.
a. Assessed loss of the holding company
b. Assessed profit of the subsidiary company
c. Assessed loss of the subsidiary company
d. NOT
94. Deductible Allowances are discussed under which section of ITO 2001?
a. 59
b. 59A
c. 60
d. NOT
95. Deductible allowances deal with which of the following section(s)?
a. 60
b. 60A
c. 60B
d. 60C
e. AOT
96. A person shall be entitled to the deductible allowance for the amount of Zakat paid by him in a tax year under the ______________?
a. Zakat Ordinance 1980
b. Zakat and Ushr Ordinance 1969
c. Zakat and Ushr Ordinance 1980
d. NOT
97. Zakat as a deductible allowance is discussed under ______ section of ITO 2001?
a. 60 D
b. 60 B
c. 60 A
d. 60
98. Workers’ Welfare Fund is a deductible allowance and it is discussed under _________ section?
a. 60
b. 60 A
c. 60 B
d. NOT
99. According to section 60 A, Workers’ welfare fund is a deductible allowance under ________?
a. Workers’ Welfare Fund Ordinance, 1990
b. Workers’ Welfare Fund Ordinance, 1980
c. Workers’ Welfare Fund Ordinance, 1971
d. NOT
100. Workers’ Participation Fund is categorized as deductible allowance under section _________?
a. 60 A
b. 60 B
c. 60 C
d. 60 D