#1461
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What is Tax Collection Procedure ?
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#1462
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Quote:
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The Following User Says Thank You to sansaar For This Useful Post: | ||
Shaikhu (Tuesday, June 21, 2016) |
#1463
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Can you share the pro of Tax Collection ?
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#1464
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1) deduction at source
2) advance payment of tax 3) transitional advance tax 4) payment of tax while filing the return of income 5) payment of tax on demand of tax authorities 6) recovery Through tax recovery procedure, if taxpayer fails to pay tax on demand Sent from my QMobile Z10 using Tapatalk |
The Following 2 Users Say Thank You to sansaar For This Useful Post: | ||
M Numan (Tuesday, June 21, 2016), SABIR HUSSEN (Tuesday, June 21, 2016) |
#1465
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1) Deduction at source means deduction of tax at the time of payments against
supplies/services/services under contract/commission etc by the buyer being a withholding agent and deposit with the Government treasury within 7 days of the following the week in which deduction was made. 2) Advance payment of tax means payment of tax in advance in 4 four installments (quarterly) in respect of current year liability. 1st Installment - 25th September 2nd Installment - 25th December 3rd Installment - 25 March 4th Installment - 15 June 3) Payment of tax while filing the income tax return. Total liability - Advance tax payment = Tax Payable and tax payable will be deposited under section 137(1) of the Income Tax Ordinance, 2001 4) Payment of tax on demand by authorities means amount of tax required to be deposited after amended assessment. 5) Recovery through tax recovery procedure, if taxpayer fails to pay tax on demand - recovery under section 138(2) read with recovery rules under Income tax rules, 2002. |
#1466
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Dear, Mazhar Ali Khokhar's app ky interview ka duration kitna tha. (estimated).....
Further any body from Faisalabad who has been appeared in interview and either any body whose Roll No. above the 40000 received interview letter or any other intimation regarding... Please discuss here. |
#1467
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One person from faisalabad was with me in the interview..
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Then which of the favours of your Lord will ye deny? Al Rahmaan |
#1468
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How much academic given weight?
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Economist/CSS candidate |
#1470
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What are the local taxes that are collected by the local bodies/govts ? |
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