11-22-2007, 02:33 PM
Dear,
He will be subject to deduction of income tax at normal rate by the respective bank without any adjustment/reduction/credit etc. becoz such deduction is a final tax under section 151.
Regards,
Kamran.
He will be subject to deduction of income tax at normal rate by the respective bank without any adjustment/reduction/credit etc. becoz such deduction is a final tax under section 151.
Regards,
Kamran.