03-08-2011, 12:55 AM
No. Services under 153(1)(b) should not be taxed as separate block of Income. Please explain why you want to add such in Salary income??
Regards
Sharjeel
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Can anyone give me reference from IT Ordinance, that income from services u/s 153(1)b will be treated as a separate block of income.
Because now income from services does not come under Final Tax Regime.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Does income from services u/s 153b treated as a seperate block of income ?
If yes, then why? Because services income u/s 153b has been excluded from FTR regime and now comes under NTR regime.
Does the income from service income u/s 153b needs to be added into salary income to calculate new taxable salary and be taxed at new tax slab?
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Regards
Sharjeel
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Can anyone give me reference from IT Ordinance, that income from services u/s 153(1)b will be treated as a separate block of income.
Because now income from services does not come under Final Tax Regime.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Imran Hafeez</i>
<br />Does income from services u/s 153b treated as a seperate block of income ?
If yes, then why? Because services income u/s 153b has been excluded from FTR regime and now comes under NTR regime.
Does the income from service income u/s 153b needs to be added into salary income to calculate new taxable salary and be taxed at new tax slab?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
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