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Accountancy Forum The Profession Tax v
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withholding tax collection

 
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withholding tax collection
LapTop
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#5
03-11-2011, 04:45 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Rehan Javed</i>
<br />Thanks laptop for your answer. i have talked employees into paying tax so i am fine on that side for now. What about tax collected by previous employers? shall i ask or collect such certificate showing deduction from the previous employer?.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

149. Salary. — (1) Every employer paying salary to an employee shall, at the time of payment, deduct tax from the amount paid at the employee‘s average rate of tax computed at the rates specified in Division I of Part I of the First Schedule on the estimated income of the employee chargeable under the head Salary for the tax year in which the payment is made after making adjustment of tax withheld from employee under other heads and tax credit admissible under section 61, 62, 63 and 64 during the tax year after obtaining documentary evidence, as may be necessary, for .
(i) tax withheld from the employee under this Ordinance during the tax year;
(ii) any excess deduction or deficiency arising out of any previous deduction; or
(iii) failure to make deduction during the year;


Section 149 employer ko ijazat dayti hay k wo necessary adjustment day employee ko documentary evidence layny k bad .

Ap k sawal k mutabik agar ap k new employee ap ko previous employer ka salary certificate dayta hay to ap us income ko add kar k employee ki taxable income nikalyn gay, or jo tax liability nikly gi us may say previous employer nay jo tax withheld kiya hay usy less kar dayn gay.
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Messages In This Thread
withholding tax collection - by Rehan Javed - 03-05-2011, 06:48 PM
[No subject] - by LapTop - 03-07-2011, 03:54 AM
[No subject] - by Jan - 03-07-2011, 09:03 PM
[No subject] - by Rehan Javed - 03-11-2011, 04:02 AM
[No subject] - by LapTop - 03-11-2011, 04:45 PM
[No subject] - by Sayub - 03-13-2011, 04:46 AM
[No subject] - by LapTop - 03-14-2011, 05:25 AM
[No subject] - by Sayub - 03-16-2011, 05:27 AM
[No subject] - by olympia - 03-16-2011, 02:23 PM
[No subject] - by ejaz bhutta - 03-16-2011, 03:45 PM
[No subject] - by LapTop - 03-16-2011, 03:53 PM
[No subject] - by olympia - 03-16-2011, 04:49 PM
[No subject] - by Sayub - 03-17-2011, 04:17 AM

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