Deduction of withholding tax

[akbarkhan2]

Dear Mr. Aftab,

Thank you very much, for replying promptly,
this really help me alot.

Regards,
Akbar

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by awaisaftab</i>
<br />As per a circular issued by FBR (then CBR) states the monetary limit for purchases of goods on which a WHT agent is liable to deduct WHT as per rate applicable. According to this circular minimum limit for deduction of WHT on supplies is RS.25,000/-. This limit is also shown in all advanced books on Taxation.

See page number 2 of circular at following link

http//www.cbr.gov.pk/newdt/circulars/1991cir26.pdf

Regards

Awais
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