Withholding Tax - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Tax (https://www.accountancy.com.pk/forum/forum-tax) +--- Thread: Withholding Tax (/thread-withholding-tax) |
Withholding Tax - shakilicma76 - 12-24-2009 What is prescribed time limit for payment of to the Commissioner of Income Tax on account of Tax collected or deducted by the withholding agent? - faisal_desperado - 12-25-2009 <blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by shakilicma76</i> <br />What is prescribed time limit for payment of to the Commissioner of Income Tax on account of Tax collected or deducted by the withholding agent? <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote"> Dear, WHT has to be deposited within the specified time as prescribed under Income Tax Rules 2002, since the rules specifies different time period for different person, however, normally WHT is to be deposited within 7 days of the deduction. Best Regards, - Riftaj - 12-26-2009 hi dear you must be submitted the tax withing 10 days Regards <blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by faisal_desperado</i> <br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by shakilicma76</i> <br />What is prescribed time limit for payment of to the Commissioner of Income Tax on account of Tax collected or deducted by the withholding agent? <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote"> Dear, WHT has to be deposited within the specified time as prescribed under Income Tax Rules 2002, since the rules specifies different time period for different person, however, normally WHT is to be deposited within 7 days of the deduction. Best Regards, <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote"> - faisal_desperado - 12-27-2009 Dear Rifitaj, I will be glad if you provide any such notification / circular, which states to pay tax within 10 days. Regards - Jamal1 - 01-07-2010 The CNG stations come under PTR. Now while declaration (filing of Icome tax return) the Profit and loss item should be mentioned in the declaration or we shall only mention the tax deducted @ 4% in Suigas bill and claim refund for tax deduted in electricity bill. Regards - Jamal1 - 01-08-2010 Mr Shakil I am waiting for reply. Regards - awaisaftab - 01-08-2010 WHT is deducted upto a month is deposited and filled upto 20th of next month.Sometime ago it was 15th. |