Q1. The normal tax year in Pakistan ends on:
a) 31st December
b) 30th June
c) 31st March
d) 1st July

Q2. A normal tax year is denoted by:
a) The starting year
b) The ending year
c) The year of application
d) None of the above

Q3. A special tax year may be allowed if:
a) Taxpayer prefers it without reason
b) Commissioner approves on a compelling need
c) FBR imposes it on all taxpayers
d) None of the above

Q4. Who has the authority to notify a class of persons to change their tax year?
a) Commissioner
b) Federal Government
c) Board (FBR)
d) High Court

Q5. The transitional tax year refers to:
a) A period when tax is suspended
b) The period between two tax years due to change
c) A tax-free year
d) Only applicable to salaried persons

Q6. Before approving or rejecting a tax year change, the Commissioner must:
a) Take prior approval from FBR
b) Provide the taxpayer an opportunity of hearing
c) Publish the order in Gazette
d) Report the matter to Parliament

Q7. If an application is rejected by the Commissioner, he must:
a) Remain silent
b) Record reasons in the written order
c) Refer the case to High Court
d) Wait for FBR’s decision

Q8. Review against Commissioner’s order can be filed before:
a) Tax Ombudsman
b) Federal Government
c) Board (FBR)
d) Supreme Court

Q9. The decision of the Board (FBR) on a review application is:
a) Appealable in High Court
b) Final
c) Only advisory
d) Referred back to Commissioner

Q10. A reference to “financial year” in the Ordinance includes:
a) Only the normal tax year
b) Special tax year
c) Transitional tax year
d) Both (b) and (c)

Answer Key

1 → b) 30th June
2 → b) The ending year
3 → b) Commissioner approves on a compelling need
4 → c) Board (FBR)
5 → b) The period between two tax years due to change
6 → b) Provide the taxpayer an opportunity of hearing
7 → b) Record reasons in the written order
8 → c) Board (FBR)
9 → b) Final
10 → d) Both (b) and (c)