10-19-2010, 11:26 PM
TURNOVER TAX IS APPLICABLE VIDE SECTION 113B AND THERE IS A PROVISO IN THIS SECTION
1[Provided that turnover chargeable to tax under this
section shall not include the sale of goods on which tax is
deducted or deductible under clause (a) of sub-section (1) of
section 153.]
IS SECTION MAIN PROVRIDED HAI K RETAILER JAB WHT AGENT KO SUPPLY KARE GA TO US KA TAX DEDUCT HOGA,
PRACTICALLY AISA HOTA HAI K BOHAT SE LOG TAX KATWANE KO TAYAR NAHI HOTE MAJBOORAN WHT AGENT KO PHIR WO PRODUCT 3.5% MEHNGA KHARIDNA PARTA HAI, AUR TAX APNI JAIB SE JAMA KARWANA PARTA HAI JAISA K AAP NE PEHLE KAHA K LOG INCOME TAX KO APNI PRICE MAIN ADD KAR LETE HAIN
MERA OPINION YE HAI K AGAR AAP CASH PE BHI 25000+ KI PURCHASE KARO GE TO AAP BOOUND HAIN K AAP TAX DEDUCT KARAIN, LAW MAIN RETAILER K LIYE EXEMPTION U/S 153 KA KOI PROVISION NAHI HAI
BEST REGARDS
ANFAL
1[Provided that turnover chargeable to tax under this
section shall not include the sale of goods on which tax is
deducted or deductible under clause (a) of sub-section (1) of
section 153.]
IS SECTION MAIN PROVRIDED HAI K RETAILER JAB WHT AGENT KO SUPPLY KARE GA TO US KA TAX DEDUCT HOGA,
PRACTICALLY AISA HOTA HAI K BOHAT SE LOG TAX KATWANE KO TAYAR NAHI HOTE MAJBOORAN WHT AGENT KO PHIR WO PRODUCT 3.5% MEHNGA KHARIDNA PARTA HAI, AUR TAX APNI JAIB SE JAMA KARWANA PARTA HAI JAISA K AAP NE PEHLE KAHA K LOG INCOME TAX KO APNI PRICE MAIN ADD KAR LETE HAIN
MERA OPINION YE HAI K AGAR AAP CASH PE BHI 25000+ KI PURCHASE KARO GE TO AAP BOOUND HAIN K AAP TAX DEDUCT KARAIN, LAW MAIN RETAILER K LIYE EXEMPTION U/S 153 KA KOI PROVISION NAHI HAI
BEST REGARDS
ANFAL
