kindly tell me wasif h rent kitnay months ka nijlay gay?plz reply fast
--- On Thu, 6/9/11, <> wrote:
From: <>
Subject: Re: [ vuZs.net ] FIN623 Assignment # 2 Idea Solution By ::WASIF::
To: vuzs@googlegroups.com
Date: Thursday, June 9, 2011, 8:35 AM
thanks for the correction of No.2 but once again consider on no.1 On Thu, Jun 9, 2011 at 1:18 AM, ::WASIF:: <mc090403897@vu.edu.pk> wrote: See income tax rules 2002 updated
2[Provided further that where House Rent Allowance is admissible @ thirty per
cent, the value taken for the purpose of this rule shall be an amount not less than
thirty per cent of minimum of the time scale of basic salary or the basic salary
where there is no time scale.] (Reference: Page # 10, Valuation of Accommodation)
If house rent paid then the amount taken should not be less then 30% not 45%
For personal use only 10% of:
(a) the cost to the employer for
acquiring the motor vehicle; or,
(b) the fair market value of the motor
vehicle at the commencement of
the lease, if the motor vehicle is
taken on lease by the employer;
Reference: Page # 10, Valuation of Conveyance
FMV taken only if motor vehicle is on lease, and FMV taken at the time of commencement not on settlement please note that
further the tax liability is to be calculated for the tax year 2010 not 2009, so please follow the rules that are apply in the respective years -- -- Please visit www.vuzs.net For Current & Old Papers, Quizzes, Assignments and study material. -- You received this message because you are subscribed to the Google Groups "vuZs" group. -- To post a new message on this group, send email to vuZs@googlegroups.com -- Message Posting Rules: http://groups.google.com/group/vuZs/web/vuzs-basic-rules-for-posting-messages -- To unsubscribe from this group, send email to vuZs+unsubscribe@googlegroups.com -- To join this group Send blank email from your virtual university email address to vuZs+subscribe@googlegroups.com or visit http://groups.google.com/group/vuZs/subscribe --- For more information Contact vuZs Manager at info@vuzs.net
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