07-03-2010, 10:13 PM
60. Zakat.- (1) A person shall be entitled to a deductible allowance for the amount of any Zakat paid by the person in a tax year under the Zakat and Ushr Ordinance, 1980 (XVIII of 1980).
(2) Sub-section (1) does not apply to any Zakat taken into account under sub-section (2) of section 40.
(3) Any allowance or part of an allowance under this section for a tax year that is not able to be deducted under section 9 for the year shall not be refunded, carried forward to a subsequent tax year, or carried back to a preceding tax year.
60A. Workersâ Welfare Fund.- A person shall be entitled to a deductible allowance for the amount of any Workersâ Welfare Fund paid by the person in tax year under Workersâ Welfare Fund Ordinance, 1971
1025000 may say zakat 5000 or Worker Welfare fund 10000 bhi mines kar dayn
Bacha 1010000
Ye jo medical expense hay jo employees ko diya gya hay to ye bhi mines kar dayn 3000
Ab bacha 1,007,000 is par 35% income tax lagy ga, han agar small company hay to 20% lagy ga
(2) Sub-section (1) does not apply to any Zakat taken into account under sub-section (2) of section 40.
(3) Any allowance or part of an allowance under this section for a tax year that is not able to be deducted under section 9 for the year shall not be refunded, carried forward to a subsequent tax year, or carried back to a preceding tax year.
60A. Workersâ Welfare Fund.- A person shall be entitled to a deductible allowance for the amount of any Workersâ Welfare Fund paid by the person in tax year under Workersâ Welfare Fund Ordinance, 1971
1025000 may say zakat 5000 or Worker Welfare fund 10000 bhi mines kar dayn
Bacha 1010000
Ye jo medical expense hay jo employees ko diya gya hay to ye bhi mines kar dayn 3000
Ab bacha 1,007,000 is par 35% income tax lagy ga, han agar small company hay to 20% lagy ga
