Profession tax applicable to firms?

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pratik (Querist)
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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??

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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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

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pratik

pratik (Querist)
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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

CMA Ramesh Krishnan (Expert)
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30 August 2013 under incometax no such scheme presently

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