10-29-2011, 05:01 PM
hi
can any body plz explain the following points ( just revising my studies)
1; I.T enabled services are exempt at present in Pakistan. But what if the foreign country is deducting tax at source . We all know that we can claim "lower" of local or foreign tax credit in Pakistan.
2When income is exempt does a person need 2 register with the inc tax deptt and the person is "salaried class" and emploeey's income exceeds the limits to register (i think one need to ) ?
3 provision that where an employer furnishes annual income statement with the i.tax dptt its enough but what when employer is foreigner and have no branch/office in pak (as in these dyas all i.t enabled services) ?
i just mixed all points . Its examiner's fav. topic all time so will need to discuss it besides studying .
Thx
can any body plz explain the following points ( just revising my studies)
1; I.T enabled services are exempt at present in Pakistan. But what if the foreign country is deducting tax at source . We all know that we can claim "lower" of local or foreign tax credit in Pakistan.
2When income is exempt does a person need 2 register with the inc tax deptt and the person is "salaried class" and emploeey's income exceeds the limits to register (i think one need to ) ?
3 provision that where an employer furnishes annual income statement with the i.tax dptt its enough but what when employer is foreigner and have no branch/office in pak (as in these dyas all i.t enabled services) ?
i just mixed all points . Its examiner's fav. topic all time so will need to discuss it besides studying .
Thx
