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Accountancy Forum The Profession Tax v
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Withholding Tax

 
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Withholding Tax
olympia
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#2
01-31-2011, 02:57 PM
Rule 43. Payment of tax collected or deducted.-

As required under section 160 and under the Sixth Schedule to the Ordinance, the tax collected or deducted under Division II or Division III of Part V of Chapter X of the Ordinance, Chapter XII of the Ordinance or Sixth Schedule to the Ordinance shall be paid to the Commissioner by way of credit to the Federal Government,-

a) where the tax has been collected or deducted by the Federal Government or a Provincial Government on the day the tax was collected or deducted; or

b) where the tax has been collected or deducted by a person other thanthe Federal Government or a Provincial Government, by remittance to the Government Treasury or deposit in an authorized branch of the State Bank of Pakistan or the National Bank of Pakistan, within Seven days from the end of each week ending on every Sunday.
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Messages In This Thread
Withholding Tax - by Minhaj - 01-29-2011, 08:22 PM
[No subject] - by olympia - 01-31-2011, 02:57 PM
[No subject] - by Jay - 03-04-2011, 03:16 PM
[No subject] - by olympia - 03-05-2011, 01:15 PM
[No subject] - by LapTop - 03-07-2011, 04:02 AM

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