02-20-2010, 04:38 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 Sarfaraz.alam</i>
<br />So its mean we have to deduct taxes from our payments in future but what about the previous payment in which we did not hold any tax from the salary or other payments. How can we justify this?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
First make it clear that your firm's Turnover is either exceeding Rs. 50 Million or it is registered with Registrar of Firms (Like Pvt. Companies are registered with SECP, firms are registered with registrar of firms). For the purpose of all of above discussion Registration with Sales Tax Department does not mean a Registered AOP/Firm.
<br />So its mean we have to deduct taxes from our payments in future but what about the previous payment in which we did not hold any tax from the salary or other payments. How can we justify this?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
First make it clear that your firm's Turnover is either exceeding Rs. 50 Million or it is registered with Registrar of Firms (Like Pvt. Companies are registered with SECP, firms are registered with registrar of firms). For the purpose of all of above discussion Registration with Sales Tax Department does not mean a Registered AOP/Firm.
