Profession tax applicable to firms?
This query is : Resolved
28 August 2013
1 of our clients is p'ship firm, it does not deduct PT from salary of employees. does it liable to deduct??
the partners are paying 2500/- annual payment for PT
Does p'ship firm liable to deduct PT from salary of employees??
Reply asap
the partners are paying 2500/- annual payment for PT
Does p'ship firm liable to deduct PT from salary of employees??
Reply asap
CMA Ramesh Krishnan
(Expert)
28 August 2013
Annual payment of PT Rs.2500 is the renewal fees under PT. but you have to deduct the PT from employees and pay
Message likes :
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30 August 2013
Sir, is there any amnesty scheme available currently by which penalty or interest can be reduced? and what are the other remedies we can apply in such case
CMA Ramesh Krishnan
(Expert)
30 August 2013
under incometax no such scheme presently
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