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Income tax vs. professional tax

This query is : Resolved 

25 July 2012 1. what is the difference between income tax and professional tax.

2. how the treatment of tax for income tax is different from professional.

31 July 2012 Income tax is tax on income. It is a DIRECT TAX. Professional tax is a tax for those who carry trade, profession or calling. This can be claimed as expenditure under income tax.

04 August 2012 Income tax is levied and collected by the Central Government whereas the Professional Tax is levied and collected by the state Government. For other information I agree with the expert


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