CA Chinta Raghu nandan (CA) (52 Points)
03 May 2011Dear Sir,
I am a Director in one company in AP. I am paying Professional Tax as a Director in additon to the Company. I have started a Proprietory concern in the same city and doing same business, do I need to pay professional Tax again ?
Thanking you,
Raghu
Harpreet
(* * * * * *)
(1670 Points)
Replied 03 May 2011
You are earning profit from this business nor salary, so there is no deduction of professional tax.
CA Chinta Raghu nandan
(CA)
(52 Points)
Replied 04 May 2011
In AP, every company has to pay professional Tax and all its directors also have to pay PT of 2500/- each.
We have paid. Now we have started Proprietory concern. The department is asking me to pay PT again in the name of Proprietory concen also. Pl clarify
CAclubindia
