09-29-2011, 12:40 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 sharif lakhani</i>
<br />Not sure but in my humble opinion.
Did employee paid back loan to employer? If yes then this is capital gain and capital gain is exempt income. (code 6104- line 30 of IT-2)
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
All capital gains are not exempted . See line/column 19 of IT-2 - For details read s.37, 37A & 38 of Income Tax Ordinance, 2001,
<br />Not sure but in my humble opinion.
Did employee paid back loan to employer? If yes then this is capital gain and capital gain is exempt income. (code 6104- line 30 of IT-2)
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
All capital gains are not exempted . See line/column 19 of IT-2 - For details read s.37, 37A & 38 of Income Tax Ordinance, 2001,
