03-02-2011, 06:26 PM
Can anyone help me in resolving above mentioned issue?
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />I am an permanent employee with an organization but at the same time teach as a visiting faculty member in universities.
Universities pay me on hourly basis and deduct 6% from my payments.
Will my payment from universities come under rendering services or under executing contract?
As per income tax ordinance, services are restricted to
#8213;services#8214; includes the services of accountants, architects,
dentists, doctors, engineers, interior decorators and lawyers,
otherwise than as an employee
If teaching doesnt come under services, then what will be the treatment of my above mentioned income?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />I am an permanent employee with an organization but at the same time teach as a visiting faculty member in universities.
Universities pay me on hourly basis and deduct 6% from my payments.
Will my payment from universities come under rendering services or under executing contract?
As per income tax ordinance, services are restricted to
#8213;services#8214; includes the services of accountants, architects,
dentists, doctors, engineers, interior decorators and lawyers,
otherwise than as an employee
If teaching doesnt come under services, then what will be the treatment of my above mentioned income?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
