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Profit on Sale of Motor Vehicle

 
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Profit on Sale of Motor Vehicle
student_of_law
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#3
09-29-2011, 12:37 AM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />A person had motor vehicle with 50% contribution with Employer. After completion of specific duration employee sold that vehicle & received full amount. Did he liable to pay any tax on this amount or not?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Make your question a little more specific. give Supposed figures for the following

for how much employer and employee buy the bike.
For how much employee sold it
Whether it paid any money to employer or appropriated all to itself
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Messages In This Thread
Profit on Sale of Motor Vehicle - by olympia - 09-28-2011, 08:52 PM
[No subject] - by sharif lakhani - 09-28-2011, 09:55 PM
[No subject] - by student_of_law - 09-29-2011, 12:37 AM
[No subject] - by student_of_law - 09-29-2011, 12:40 AM
[No subject] - by olympia - 10-01-2011, 06:15 PM
[No subject] - by student_of_law - 10-01-2011, 11:15 PM
[No subject] - by sharif lakhani - 10-01-2011, 11:16 PM
[No subject] - by olympia - 10-04-2011, 09:47 PM
[No subject] - by student_of_law - 10-05-2011, 11:57 PM

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