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WITH HOLDING TAX DEDUCTION - Printable Version

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WITH HOLDING TAX DEDUCTION - beyond.spirits - 02-25-2010

AOA,
My name is Khurram Shahzad I am working in a medical billing company in Islamabad. We deduct withholding tax on salaries of employees on monthly basis. I want to learn about depositing withholding tax i-e

1- Where to get the payment form ( I have searched few forms on FBR website but cannot decide which form is exactly required)
2- What is the rate of withholding tax deduction
3- I have heard that there are 4 copies of withholding tax deposit receipt( Original, duplicate, triplicate and Quadri..) which of these copies of receipt do I need to keep with myself and which one of these are required to be submitted into FBR?
4- If I need to submit one copy to FBR please guide me how to submit it?

Just tell me complete procedure, Thanks




- LapTop - 02-25-2010

Q1- IT-31 (Tax Payment Receipt)
Download-LinkWithholding Tax payment recipts.xls
http//www.megafileupload.com/en/file/198812/Withholding-Tax-payment-recipts-xls.html

Q2- Tax Rate aap kp ITO k first Schedule may mil jayen gay.
Q3- ORIGINAL for Department, DUPLICATE for Treasuary/Bank,
TRIPLICATE for Deducting Authority, QUADRIPLICATE for Taxpayer
Q4- Copy Jama karwany ki zarorat nahi hoti hay, aap Monthly or Annually Statements jama karwao gay.



- beyond.spirits - 03-13-2010

Thanks alot brother, it really helped me alot