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Accountancy Forum The Profession Tax v
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WHT exepmtion on profit received on money in bank

 
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WHT exepmtion on profit received on money in bank
LapTop
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#2
10-19-2009, 02:50 AM
No, According to ITO Separate block of income, separate block of Tax,
Salary income is separate block of income & Profit of Debts separate Block of income,
Your Profit is FTR income, so at the time of payment Bank deducted WHT 10% of profit, after that this profit has been discharged from any other tax liability,
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WHT exepmtion on profit received on money in bank - by asimlink - 10-18-2009, 05:44 PM
[No subject] - by LapTop - 10-19-2009, 02:50 AM

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