05-29-2010, 04:11 PM
Yaar actualy I am confused with Section 12(3) kidly ready and then reply as mentioned there.
"where an employer agrees to pay the tax chargeable on an employees's salary, the amount of the employee's income chargeable under the head salary shall be grossed up by the amount of tax payable by the employer".
Please reply my previous question in light of above section being an employer what amount should I deposit in Govt. Treasury if I have agreed with employee the no tax will be deducted from his salary.
"where an employer agrees to pay the tax chargeable on an employees's salary, the amount of the employee's income chargeable under the head salary shall be grossed up by the amount of tax payable by the employer".
Please reply my previous question in light of above section being an employer what amount should I deposit in Govt. Treasury if I have agreed with employee the no tax will be deducted from his salary.