Maharashtra Profession Tax FOR foreign director
This query is : Resolved
10 November 2022
can anyone clarify profession tax is payable in case of foreign director in Maharashtra. Income from all sources in NIL & no sitting fee & no dividend paid to director during the year.
10 November 2022
No professional tax payable in such a case
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10 November 2022
Thank for the reply Sir , any notification / explanation from department.
10 November 2022
Sorry I am revising my reply.
Rs 2500 per annum payable.
Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF is liable to pay a profession tax of Rs. 2,500/- p.a. with the government every year after the incorporation or commencement of business. (LLP and All Companies are covered).
Rs 2500 per annum payable.
Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF is liable to pay a profession tax of Rs. 2,500/- p.a. with the government every year after the incorporation or commencement of business. (LLP and All Companies are covered).
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