Author : Anonymous
( Author )
15 July 2012
At the time of registration for profession tax, the form requires the following details:
1. Date of commencement of activity of the employer and
2. Commencement of liability. Month from
which liability to pay tax commences
How do i determine the above based on the below mentioned details?
I have formed a pvt ltd company with the date of incorporation as 4th Nov 2012. The first transaction was share capital deposited in the bank account on 24th March 2012 and out of that salary was paid to an employee who was hired in the month of March 2012 itself. The first business transaction took place on 12th May 2012 wherein i received my first payment from my client to whom i started providing services from April 2012 onwards.
Kindly advise as to which date would be the date when the