06-15-2009, 02:29 PM
Under section 59AA of Income tax ordinance,2001 the holding companies can opt the option of group taxation . My question is which NTN NO(S) will be used for this purpose whether it will be the NTN of holding company or subsidiary companies.
whether withholding tax shall be charged or not in intercompany transaction ?
whether withholding tax shall be charged in case of transaction among associates company (as defined in IAS) or not ?
Regards,
Awais Aftab
whether withholding tax shall be charged or not in intercompany transaction ?
whether withholding tax shall be charged in case of transaction among associates company (as defined in IAS) or not ?
Regards,
Awais Aftab
