Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Tax v
« Previous 1 … 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 … 23 Next »
Income Tax Return for Employees

 
  • 0 Vote(s) - 0 Average
Income Tax Return for Employees
ciapk
Offline

Posting Freak

Posts: 1,706
Threads: 25
Joined: Mar 2010
Reputation: 0
#1
07-01-2010, 02:50 AM
If total income of a person is from salary and tax on such salary is deducted at source by the employer, whether or not he will file income tax return. with reference plz
LapTop
Offline

Posting Freak

Posts: 926
Threads: 15
Joined: Feb 2009
#2
07-01-2010, 07:39 PM
115. Persons not required to furnish a return of income.- (1) Where the entire income of a taxpayer in a tax year consists of income chargeable under the head “Salary”, Annual Statement of Deduction of Income Tax from Salary, filed by the employer of such taxpayer, in prescribed form, the same shall, for the purposes of this Ordinance, be treated as a return of income furnished by the taxpayer under section 114.

Provided that where salary income, for the tax year is five hundred thousand rupees or more, the taxpayer shall file return of income electronically in the prescribed form and it shall be accompanied by the proof of deduction or payment of tax and wealth statement as required under section 116.
« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode