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E-filing of withholding tax deducted by agents

 
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E-filing of withholding tax deducted by agents
fuadbhuri1
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#1
07-16-2010, 05:20 PM
is there any update on FBR website for monthly and quarterly statements as there have been an issue in business recorder that now instead of monthly e-filing, withholding tax statements should be filed quarterly. even the income tax ordinance and rules available at the website appear to be unupdated. relevant section in this regard is S-165 and rule 42.

can any one guide me on this ??
LapTop
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#2
07-16-2010, 10:16 PM
Every person collecting tax under Division II of this Part or Chapter XII or deducting tax under Division III of this Part or Chapter XII shall furnish statements under sub-section (1) as per the following schedule, namely-

(a) in respect of the September quarter, on or before the 20th day of October;
(b) in respect of the December quarter, on or before the 20th day of January;
(c) in respect of the March quarter, on or before the 20th day of April; and
(d) in respect of the June quarter, on or before the 20th day of July.¡¬; and
fuadbhuri1
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#3
07-16-2010, 10:32 PM
thanx alot, kindly quote the section number
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#4
07-17-2010, 01:47 AM
Clause (b) Sub Section 35 of Section 8 of Finance Act 2010
fuadbhuri1
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#5
07-17-2010, 02:50 PM
thank you sir, so then e-filing by withholding agents would be done as per the above mentioned schedule.
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