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Thursday, June 9, 2011

Re: ::: vuaskari.com ::: Re: CORRECTED FINAL FIN623 ASSIGMENT#2 IDEA SOLUTION :(

Invinsible bhai: You r absolutely right .. so many times i thought about it ..
 
but phir to sab amounts jo June 2010 ke baad haasil howi hein wo sab nikal jayen gi .. I think when he left the job, all the amounts will be charged in the current tax year.. wot u say ?


 
On Thu, Jun 9, 2011 at 7:21 PM, Invi$ible <mc090406442@vu.edu.pk> wrote:
the compensation will be paid at the time of termination of contract i.e. on 31-12-2010,,, so it will be the part of income of tax year 2011 not tax year 2010. so it has no treatment in tax year 2010.


On Thu, Jun 9, 2011 at 5:42 AM, ::WASIF:: <mc090403897@vu.edu.pk> wrote:
one moment plz, loan payable on 31st mar 2010 but that was not paid and settled on 31 dec 2010 and deduction at the time of final settlement means full year rate will be charged as the employee has used loan amount whole year



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Regards:
Invi$ible
MBA 4th semester
(Finance Group)



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-
Chauhdary Muhammad Fawad Ahmed
MBA 4th semester
Lahore
Virtual University of Pakistan

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