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Professional tax deduction

 
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Professional tax deduction
faisal_desperado
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#7
03-04-2010, 03:28 AM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />All persons assessed to Income Tax -
All persons engaged in any profession, trade, calling or employment, liable to pay Professional tax Rs.150/=

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

Dear,
You have certainly misperceived the concept of professional taxation in sindh. Kindly go through the following thread.

http//www.accountancy.com.pk/forum/topic.asp?topic_id=7579

Furthermore, professional tax for the tax year is paid on the basis of number of income tax assessed employees at the rate of Rs. 150 per such employee who is an assessee under income tax ordinance and who is required to pay tax.

It depends on the company whether it charges Rs. 150 to the employee or bear the same by itself, since it is a yearly charge and it does not provide any requirement as to who has to pay such tax on behalf of the company.

I hope you understand.

Best Regards,

Faisal.
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Messages In This Thread
Professional tax deduction - by mrafaykhan - 02-09-2010, 06:15 PM
[No subject] - by samis899 - 02-16-2010, 02:05 AM
[No subject] - by LapTop - 02-16-2010, 09:34 PM
[No subject] - by faisal_desperado - 02-25-2010, 05:58 PM
[No subject] - by LapTop - 02-25-2010, 06:33 PM
[No subject] - by LapTop - 02-25-2010, 07:02 PM
[No subject] - by faisal_desperado - 03-04-2010, 03:28 AM
[No subject] - by LapTop - 03-04-2010, 06:21 PM
[No subject] - by LapTop - 03-04-2010, 07:11 PM

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