Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
With Holding Tax on Cash Deposit
04-04-2011, 08:32 PM
Post: #1
With Holding Tax on Cash Deposit
Today I went to bank to deposit money in same bank' s different branch and I was shocked to know that Bank is Charging new with holding Tax On Cash deposit in excess of 25,000,,,Then I came and open the Tax then I found Section 232 (1) (B) on Withholding Tax....Kindly some one can tell me any other detail of this tax or Sec 232
Visit this user's website Find all posts by this user
Quote this message in a reply
04-04-2011, 10:37 PM
Post: #2
 
As per my understanding online cash deposit per 0.3% tax deduct hoga
Bank Alhabib deduct nahi kar rha hay MCB walay karrhay hain jo nahi kar rhay hain unkay audit may objection raised hojay gi.

I will appreciate if some one refer any SRO regarding the withdrawal of .3 % tax on online cash deposit.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)