[ vuZs.net ] Re: FIN623 need answer with ref

Head Income from property section 15 defines land as:

Constructed building
Block of brick
Vacant plot
None of the given options

On Wed, Jul 20, 2011 at 12:45 AM, ◆Fuad Hasan◆ <mrfuad2007@gmail.com> wrote:

As part of remuneration package, a company provides for reimbursement of telephone costs on actual basis to its employees in case the facility is used for official purposes only, what are the tax consequences of this policy?

Treated as taxable
No tax consequences
Partially taxable

Not discussed in Income Tax Ordinance 2001

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Regards,
Fuad Hasan
MBA Finance

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