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depreciable asset
08-21-2010, 02:24 PM,
lap top bhai yeh sab samajh agaya hai jo aap ne samjaya, bus yeh samajh nahi aya k jb company empoyee ka tax jama karae gi to tax 100+3=103 to yeh taxable income ban jayegi to is pe tax lag jayega.
08-21-2010, 06:25 PM,

in light of example given by laptop taxable salary will be now 100+2=102
so tax laibility will also increase now
and tax on this laibility is payable by <b>employee</b> now not employer


company will pay tax on salary of employee
taxable salary & laibility will increase
company will pay additional tax on increased taxable salary of employee
and taxable laibility will increase again
and so on in short it will be endless loop


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