11-19-2011, 11:48 PM
My question is about the filing of online return on fbr portal, the form given by fbr calculate the flood surcharge with help of computional formula ( 15% surcharge on proportionate net tax chargeable for 3-1/2 months [(col 40 divided by 12 multiplied by 3.5)*0.15]
As you know exporters pay final tax ( deducted by banks as the payment received from abroad ) so the banks have deducted flod surcharge on payment that was received during these 3-1/2 months.
Now if this flood surcharge amount deducted during these month doesn't exceed the amount calculated by above formula ( it is less than that using above formula [(col 40 divided by 12 multiplied by 3.5)*0.15]
What should I do? do I have to pay extra tax to tally the amount calculated by the abvoe formula? as this online form won't let me change the value ( for protected cells )?
Any other ways? should I use the return file( without computional help ) and upolad that?
Thanks for your help.
As you know exporters pay final tax ( deducted by banks as the payment received from abroad ) so the banks have deducted flod surcharge on payment that was received during these 3-1/2 months.
Now if this flood surcharge amount deducted during these month doesn't exceed the amount calculated by above formula ( it is less than that using above formula [(col 40 divided by 12 multiplied by 3.5)*0.15]
What should I do? do I have to pay extra tax to tally the amount calculated by the abvoe formula? as this online form won't let me change the value ( for protected cells )?
Any other ways? should I use the return file( without computional help ) and upolad that?
Thanks for your help.
