Sunday 12 February 2012

TOPIC 1

1) What is the scope of charge for taxation?

2) What are the type income tax liability?

3) How many categories of Scope of charge for Tax?

4) What is Territorial or Derived Basis?

5) What is World Income Basis?

6) What is Derived and Remittance Basis?

7) How many types of income available?

8) Who is a chargeable person?

9) What is the year of assessment for individuals?

10) Who is resident?

11) How should the resident and non-resident being charged on income tax?

12) How to determine residence status?

13) What is the difference between the Task Treatment for Resident and
Tax Info plus Q&A