11-22-2007, 10:15 PM
Any direct cost plus any non refundable taxes make the part of purchase. So, for a sales tax registered person neither sales tax nor withholding are to be charged to cost.
Things have quite changed but I think still taxable salary is computed by adding to various allowances and perquisites which are taxable under the ordinance. So, in your case salary plus allowances make the figure from which tax is to be deducted. Any salary above Rs. 5,000 can't be paid in cash
Things have quite changed but I think still taxable salary is computed by adding to various allowances and perquisites which are taxable under the ordinance. So, in your case salary plus allowances make the figure from which tax is to be deducted. Any salary above Rs. 5,000 can't be paid in cash
