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Share from AOP and Salary

 
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Share from AOP and Salary
student_of_law
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#4
09-29-2011, 09:23 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 daneyal13</i>
<br />Dear Sir/Madam

If a director is getting 400,000 from salary and his share from AOP is 800,000, according to ITO share from AOP is to be added for RATE PURPOSES ONLY, will this rate be of SALARIED INDIVIDUAL CLASS or NON-SALARIED ONE as the share from AOP is more than the salary, 2nd if the share from AOP is less than salary what rates will be taken for RATE PURPOSES ONLY(salaried rates, non salaried rates), whether this share from AOP is to be taken in this case when his other income is salary as stated above. Please reply.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Please guide me where in ITO, 2001 it is said that share from income of AOP shall be added for rate purpose only.
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Messages In This Thread
Share from AOP and Salary - by daneyal13 - 09-28-2011, 03:28 PM
[No subject] - by daneyal13 - 09-29-2011, 03:27 PM
[No subject] - by daneyal13 - 09-29-2011, 03:35 PM
[No subject] - by student_of_law - 09-29-2011, 09:23 PM
[No subject] - by LapTop - 09-30-2011, 08:24 PM
[No subject] - by daneyal13 - 10-04-2011, 03:03 PM

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