Profession tax
Querist : Anonymous
we are in Gujarat. My query is about deduction of Profession Tax. As per Profession Tax Act Gujarat 1976; It is being deducted on gross salary which included pay or wages, dearness allowance and all other
remunerations received by any person on regular basis, whether payable in cash or kind.
and also include perquisites, and profits in lieu of Salary as defined in section 17 of the
Income-tax Act, (43 of 1961). 1[but does not include any form of bonus or gratuity]"
Now my query is, if we pay Medical Exp. reimbursement or Leave Travel Assistance or any such type of allowance. Should we consider this for deduction of Tax.
Regards,
However, the above views generally accepted but it is to be determined in reference particularly to Profession Tax Act, Gujrat.
Querist : Anonymous
But if LTA paid is 30000/- out of which Rs.10000/- is exempt hence should we consider Rs.20000/- in Gross salary for Profession TAx deduction.
Querist : Anonymous
But if LTA paid is 30000/- out of which Rs.10000/- is exempt hence should we consider Rs.20000/- in Gross salary for Profession TAx deduction.
Querist : Anonymous
But if LTA paid is 30000/- out of which Rs.10000/- is exempt hence should we consider Rs.20000/- in Gross salary for Profession TAx deduction.
Querist : Anonymous
But if LTA paid is 30000/- out of which Rs.10000/- is exempt hence should we consider Rs.20000/- in Gross salary for Profession TAx deduction.
Querist : Anonymous
But if LTA paid is 30000/- out of which Rs.10000/- is exempt hence should we consider Rs.20000/- in Gross salary for Profession TAx deduction.
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