Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Tax v
« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 … 23 Next »
Withholding tax on Bank Profit

 
  • 0 Vote(s) - 0 Average
Withholding tax on Bank Profit
nomanejaz2009
Offline

Member

Posts: 118
Threads: 21
Joined: Aug 2010
Reputation: 0
#1
10-01-2010, 03:58 PM
plz yeh baatain k bank profit pe jo with holding tax kat ta hai, wo final tax main jaata hai kya aur return main profit on debt k column mein jaata hai kia.
LapTop
Offline

Posting Freak

Posts: 926
Threads: 15
Joined: Feb 2009
#2
10-01-2010, 06:52 PM
Noman bnhai,,,

jo profit ap ko bank dayta hay wo profit on debt hi hay or ye FTR hi may aata hay..
nomanejaz2009
Offline

Member

Posts: 118
Threads: 21
Joined: Aug 2010
Reputation: 0
#3
10-01-2010, 10:01 PM
thanks lap top bahi.
Information Consultant
Offline

Senior Member

Posts: 311
Threads: 42
Joined: Jul 2010
Reputation: 0
#4
10-02-2010, 06:20 AM
profit on debt kay sath aneexure b may bhi tax ki figureaay gi column dekh laina
nomanejaz2009
Offline

Member

Posts: 118
Threads: 21
Joined: Aug 2010
Reputation: 0
#5
10-02-2010, 02:22 PM
okay informatin bhai.
sajid naveed khan
Offline

Member

Posts: 153
Threads: 14
Joined: Dec 2006
Reputation: 0
#6
10-05-2010, 03:11 AM
Hmm thek to koi ya btaye ga Foreign currency accounts (US $) pr jo profit on debt milta hai us pr tax exemption hai k nahi?
Like Citi Bank wlay deduct nahi krtay but MCB deduction krta hai,
Please see clause 78 of 2nd Schedule
mirfawad
Offline

Junior Member

Posts: 26
Threads: 1
Joined: Aug 2010
Reputation: 0
#7
10-05-2010, 08:46 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by sajid naveed khan</i>
<br />Hmm thek to koi ya btaye ga Foreign currency accounts (US $) pr jo profit on debt milta hai us pr tax exemption hai k nahi?
Like Citi Bank wlay deduct nahi krtay but MCB deduction krta hai,
Please see clause 78 of 2nd Schedule
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Yes as per clause 78 of Part -I of second sechedule , the bank profit on foregin currency accounts is exempt from Tax. But unfortunately few of the banks deduct tax on bank profit on foreign currency accounts. UBL is also deducting tax.
sajid naveed khan
Offline

Member

Posts: 153
Threads: 14
Joined: Dec 2006
Reputation: 0
#8
10-06-2010, 10:16 PM
mirfawad Thanks dear,

Any expert opinion from any other,
I am going to adjust this deduction against other tax liability, is it correct na?
alialiali
Offline

Junior Member

Posts: 12
Threads: 1
Joined: Dec 2010
Reputation: 0
#9
12-11-2010, 08:50 AM
PROFIT ON DEBTS ON PAK RUPEES ACCOUNTS COVERED UNDER FTR (EXCEPT FOR COMPANIES)
« 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