08-21-2010, 06:25 PM
Noman
in light of example given by laptop taxable salary will be now 100+2=102
so tax laibility will also increase now
and tax on this laibility is payable by <b>employee</b> now not employer
otherwise
company will pay tax on salary of employee
taxable salary & laibility will increase
company will pay additional tax on increased taxable salary of employee
and taxable laibility will increase again
and so on in short it will be endless loop
regards
in light of example given by laptop taxable salary will be now 100+2=102
so tax laibility will also increase now
and tax on this laibility is payable by <b>employee</b> now not employer
otherwise
company will pay tax on salary of employee
taxable salary & laibility will increase
company will pay additional tax on increased taxable salary of employee
and taxable laibility will increase again
and so on in short it will be endless loop
regards