TURNOVER TAX

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TURNOVER TAX

Abuzar Qazi
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#4

04-30-2010, 04:34 PM

TURNOVER tax is calculated on the net Sales(or other revenue)at the rate of .5% of net sales.. and the amount in excess of actual tax liability may be carried forward till next 3 years....net Sales means Gross Sales excluding GST,FED and other sales on which tax deducted at source falls under FTR ........Hope the answer of your question

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TURNOVER TAX - by Izhar Ul Haq - 03-09-2010, 06:46 PM

[No subject] - by LapTop - 03-09-2010, 09:33 PM

[No subject] - by ciapk - 04-30-2010, 12:15 AM

[No subject] - by Abuzar Qazi - 04-30-2010, 04:34 PM