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Accountancy Forum The Profession Tax v
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Income Tax from Employer's Perspective

 
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Income Tax from Employer's Perspective
monsterlucifer
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#1
10-15-2010, 01:39 PM
Assalamoalaikum,

I have a query regarding my situation from employer's perspective

My Gross Salary has been as under

<b><u>Employer 1</u></b>

Jul 09 - 16,000 - Tax Deducted 80
Aug 09 - 23,000 - Tax Deducted 80
Sep 09 - 23,000 - Tax Deducted 188
Oct 09 - 23,000 - Tax Deducted 188
Nov 09 - 23,000 - Tax Deducted 188
Dec 09 - 23,000 - Tax Deducted 188

<b><u>Employer 2</u></b>

Jan 10 - 25,000 - Tax Deducted 0
Feb 10 - 25,000 - Tax Deducted 0
Mar 10 - 25,000 - Tax Deducted 0
Apr 10 - 25,000 - Tax Deducted 0
May 10 - 25,000 - Tax Deducted 0
Jun 10 - 25,000 - Tax Deducted 0

<font color="blue"><b>Total Annual Salary 274,000</b></font id="blue">

Q1 I understand that my salary is not subject to income tax?

Q2 If that is correct then my 2nd employer don't have to deduct or pay any income tax to government?

Q3 Can I claim refund of income tax deducted by first employer?

In case, if my 2nd employer has to pay / deduct income tax, please let me know, how would that be calculated? On a year's term or on 6 months term? Would appreciate if you could show calculations.

Many thanks in advance.
LapTop
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#2
10-15-2010, 07:53 PM
ap ki salary income taxable hay.
274000 par ap ka tax 2055 banta hay,,,
ap ka tax withheld howa hay 912 rupees,

ab ap ki zimaydari hay k aap income tax return jama karwayen or 1143 rupees jama karwayen return of income k sath.
nomanejaz2009
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#3
10-15-2010, 10:34 PM
agree with lap top, par yeh 1st or 2nd wala chakar samajh nahi aya.
monsterlucifer
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#4
10-17-2010, 03:19 PM
<s><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by nomanejaz2009</i>
<br />agree with lap top, par yeh 1st or 2nd wala chakar samajh nahi aya.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
The tax calculator that you posted in another thread for 2009-2010; when I put the amount of 274000 in taxable income for the year, it says total tax payable for the year = 0. Could you please explain what am I missing here?

This is the calculator that I'm referring to
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />Download-LinkTax calculator 2009-2010.xls http//www.megafileupload.com/en/file/134523/Tax-calculator-2009-2010-xls.html
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
</s>

Please disregard my above reply, I was perhaps using the 2010-11 calculator. I got it now. Thanks again.
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