Is professional tax liable to proprietorship companies??
This query is : Resolved
Guest
Guest
(Querist)
18 August 2012
Dear Sir / Ma'am,
My elder brother has a business of metal polishing work & he has opened a proprietorship account since he is the only proprietor operating the business. Now I would like to knw whether does he need to pay professional tax??
The business is in Maharashtra & he already pays Sales tax...
Also since the business has just started in the month of July 2012 how much professional tax wud he be required to pay each month or this FY 2012-2013.??
My elder brother has a business of metal polishing work & he has opened a proprietorship account since he is the only proprietor operating the business. Now I would like to knw whether does he need to pay professional tax??
The business is in Maharashtra & he already pays Sales tax...
Also since the business has just started in the month of July 2012 how much professional tax wud he be required to pay each month or this FY 2012-2013.??
19 August 2012
Profession Tax is Tax paid for carrying any trade commerce or profession irrespective of any other taxes paid hence applicable to you.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
