Inspector Inland Revenue FPSC Past Papers Fully Solved download pdf

Inspector Inland Revenue 2017 Past Paper conducted by Federal Public Service Commission. Following multiple choice questions mcqs were asked in past papers of Inspector Inland Revenue FBR  2017 Batch 3 and Batch 4 which will be helpful in preparation of the test according to syllabus 2021. You can download it from below given link in pdf.

Past Paper of Inspector Inland Revenue 2017

check below the complete paper

  1. What is meant by Income from Property in Income Tax Ordinance 2001? Property or Rental income from the lease immovable property in Pakistan
  2. While calculating income from business, personal expenses are deductible are not? Not Deductible
  3. Income from business ? Is subject to Income Tax
  4. Companies are allowed to Tax credit on donations as per Income Tax Ordinance 2001? 20%
  5. Authority to allow tax payment on installment? Chief Commissioner
  6. Who is the Authority for arresting ? An Officer of Inland Revenue not below the rank of Assistant Commissioner
  7. Who is empowered Arrears collection inland ? Commissioner
  8. Federal Excise Law which deals with confiscate Cigarette & Beverages ? Ans sec 27 FEA
  9. Income from hire or lease of tangible movable property? Shall be chargeable to Income tax under head Income from Businesse
  10. Foreign Government Employees salary are subject to income tax or  not.? Subject to Income Tax 
  11. ST Zero rated schedule ? Ans Sixth schedule to the Sales Tax Act, 1990. Zero Rating. Zero rated goods are those goods on which the impact of tax paid is offset by subsequently
  12. Registered person can claim input tax for supplies on ? Business purchases and Imports
  13. What is meant by schedule name?  Ans (sales Tax+FEA)
  14. Appeal to high court can be made in how many days ? 90 Days 
  15. What is meant by Sales Tax period  ? 30 Days
  16. For how much time Gwadar free zone is exempted from sales tax and FED?  Ans 23 years 
  17. How much Federal Excise Duty FED is charged on Cement? Rs. 1 Per KG
  18. What is the threshold for cottage Industry?  10 Million
  19. What is the capital gain tax on Immovable Property? 10% for Five Years
  20. Dutiable goods are specified in which schedule? First Schedule
  21. What is meant by the cost of reference to high court ? Discretion of the high court
  22. Default surcharge P/A at which rate 
  23. Duty free goods
  24. Powers to arrest and prosecute given to an officer of inland revenue as per Section 37-A not below the rank of ? (A) chief Commissioner (B) Deputy Commissioner (C) Assistant Commissioner  (D) None of these
  25. “Schedule” mean 
  26. Tax Reforms in Pakistan financed by  ? World Bank
  27. Reducing reliance on WHT is
  28. Re-engineering means in Tax reforms
  29. Establishment of large tax payment
  30. TARP environment term ex
  31. FBR improves productivity
  32. How many functions of FBR? (A) 22 (B) 30 (C) 15 (D)  none of these (13)
  33. FBR grant allowances, rewards
  34. Direct tax is? Tax paid directly to Government such Income Tax, Property Tax or Tax on Assets
  35. How to appoint E-Intermediary.
  36. As per Salex Tax 1990 FBR follows which Procedure to arrest a person?  37B
  37. Custom Duty will be paid in which bank? any designated bank branch
  38. Board order which are not followed by officer? 
  39. Default surcharge rate.kibor+3
  40. Service liable to duty
  41. Tax administration finance by ? World Bank
  42. Government receipts consists of how many sources ? 4 (A. Revenue Receipts B. Capital Receipts C. External Resources D. Self Financing by Autonomous Bodies)
  43. Which of the following is type of Revenue Receipts ? (A) Tax Revenue (B) Non Tax Revenue (C) Surcharge (D) All of the above. 
  44. Government of Pakistan Collects revenues from surcharges such as ? (A) Custom Duty (B) Income Tax (C) Natural Gas and Petroleum  (D) None of these

Download FPSC solved past paper of Inspector Inland Revenue in PDF (Click Here) or read online below

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