Adjustable and Final discharge ? - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Tax (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=8) +--- Thread: Adjustable and Final discharge ? (/showthread.php?tid=4609) |
Adjustable and Final discharge ? - Checkmated - 07-04-2007 What is the difference between Adjustable and Final discharge in incometax collection?? - shezijee - 07-05-2007 Dear, In adjustable system, Tax credit is given in the final return/assessment of income. Whereas in the final discharge, Tax is deducted at source and statement regarding final taxation is filed under Presumptive Tax Regime. Regards, Sheraz Afzal ACA/FPA/ACIS/ITP - shezijee - 07-05-2007 Dear Fellow, In the adjustable Tax system, Tax Credit is given in the final return of income/ assessment procedure. Whereas in the Final discharge, Tax is deducted at source and statement of final taxation is filed under Presumptive Tax Regime. Regards, Sheraz Afzal ACA/FPA/ITP/ACIS - Imran - 07-20-2007 Agree |