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Accountancy Forum The Profession Tax v
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Return confusion

 
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Return confusion
AbdulSamad
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#2
10-06-2007, 08:11 PM
Walekum Salam

As given No. 35 Exempt Income means these income already exempt

For example in salary Medial Allownce 10% of Basic Salary is exempt so we put here only value,and in No. 24 We put less This 10% exempt value from Gross salary,

Please remind it exempte and reduction are not same , reduction is showing in No.42 which are calculating, but in exempt thats showing only value, its not pertain any calculation.

Hope u will understand better.

Thanks

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Messages In This Thread
Return confusion - by Taxed to Kill - 09-18-2007, 04:40 PM
[No subject] - by AbdulSamad - 10-06-2007, 08:11 PM
[No subject] - by massoodakhter - 10-09-2007, 07:40 PM

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