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Tax deduction on Salary income
08-04-2010, 09:04 PM,
#46
 
Consultant bhai dant parwa di na Olympia baji say mujhay,,

hahahahahah
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08-05-2010, 01:09 AM,
#47
 
agar sab yhi chatyay hain to hamain bhi aksaryat ka faisal qubool hay
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08-05-2010, 07:08 PM,
#48
 
oki, mujh say jo chat karna chahy muhay MSN par add kar lay,,,

sahrai01@hotmail.com
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08-05-2010, 08:51 PM,
#49
 
gud
that's like gud boy...............
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08-06-2010, 12:02 AM,
#50
 
agreed
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08-19-2010, 05:43 PM,
#51
 
I just would like some clarification regarding the certificate provided by the employer regarding income tax deduction at source.
The hypothetical case is as follows

For example employee ABC is receiving a hypothetical salary of 1000 p.m. from company XYZ and hypothetical income tax rate applicable is 6% of salary p.m.

However in the entire year, the company only deducted 60 from only one month’s salary whereas no income tax was deducted in the other months. So total income tax deducted for the tax year was 60 against total salary received for the year of 12000.

Should the certificate for the tax year mention the cumulative gross salary for 12 months, i.e. 12000 or just the one month, 1000 for which the income tax was deducted?
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