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Accountancy Forum The Profession Tax v
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surcharge 15% deductible

 
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surcharge 15% deductible
ssohail
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#1
05-09-2011, 05:51 PM
Assalam-O-Alikum

Dear
I want to know those parties who have a i.tax exemption certificate or i.tax exempted from any clause or sro, should surchage 15% deductable from such kind of parties or not

sohail ahmed
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#2
05-09-2011, 06:30 PM
I havenot seen explaination regarding this but as far as my understanding surcharge is paybale on tax payable amount due to this it is not applicable on those parties who are exempted ar hold tax exemption certificate /
LapTop
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#3
05-09-2011, 08:08 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 ssohail</i>
<br />Assalam-O-Alikum

Dear
I want to know those parties who have a i.tax exemption certificate or i.tax exempted from any clause or sro, should surchage 15% deductable from such kind of parties or not

sohail ahmed
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Sohail Bhai,,,
15% Surcharge Income Tax payable pay lagu hota hay, jab income tax payable hi nahi bany ga to surcharge ka sawal hi payda nahi hota.
olympia
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#4
05-10-2011, 04:03 PM
agreed with info & Laptop
mohammad usman
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#5
05-13-2011, 04:56 PM
if there is no income tax, there is no surcharge
LapTop
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#6
05-13-2011, 07:28 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 mohammad usman</i>
<br />if there is no income tax, there is no surcharge
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Yes
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