Circular No. 3 of 2011, Islamabad, April 01, 2011

CLARIFICATION ON DEDUCTION OF WITHHOLDING TAX ON COMMISSION PAYMENTS MADE BY SALES TAX ZERO-RATED CATEGORIES OF TAXPAYERS. GOVERNMENT OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE Circular No. 3 of 2011 Islamabad, April 01, 2011 Subject: Clarification on deduction of withholding tax on commission payments made by Sales Tax Zero-rated categories of Taxpayers. Circular No. 3 of 2011, Islamabad, April 01, 2011:- It is clarified that under the provisions of section 233 of the Income Tax Ordinance, 2001, withholding tax is deductible @ 10% on payments made on account of brokerage commission,…