10-22-2010, 11:01 PM
Salam,
Dont be perosonal friendz. try to learn from these constructive side. Mr. Laptop has very constructive input in side always.
In my view we should see it as witholding agnet, if we comes in defination of withholding agent,we should withheld tax (if supplies increase Rs. 25000& services 10,000 in a year)regardless of its status(retailer). As law does not provide any provision for non withholding of tax.
As far as cocern our society and practicality of withholding tax from retailer, simply is not practical and most of the companies does not withheld tax on it.
Farhan
Dont be perosonal friendz. try to learn from these constructive side. Mr. Laptop has very constructive input in side always.
In my view we should see it as witholding agnet, if we comes in defination of withholding agent,we should withheld tax (if supplies increase Rs. 25000& services 10,000 in a year)regardless of its status(retailer). As law does not provide any provision for non withholding of tax.
As far as cocern our society and practicality of withholding tax from retailer, simply is not practical and most of the companies does not withheld tax on it.
Farhan
