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+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession)
+--- Forum: Tax (https://www.accountancy.com.pk/forum/forum-tax)
+--- Thread: depreciable asset (/thread-depreciable-asset)
- nomanejaz2009 - 08-21-2010
lap top bhai yeh sab samajh agaya hai jo aap ne samjaya, bus yeh samajh nahi aya k jb company empoyee ka tax jama karae gi to tax 100+3=103 to yeh taxable income ban jayegi to is pe tax lag jayega.
- Kasim - 08-21-2010
Noman
in light of example given by laptop taxable salary will be now 100+2=102
so tax laibility will also increase now
and tax on this laibility is payable by <b>employee</b> now not employer
otherwise
company will pay tax on salary of employee
taxable salary & laibility will increase
company will pay additional tax on increased taxable salary of employee
and taxable laibility will increase again
and so on in short it will be endless loop
regards