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Profession Tax Disclosure

This query is : Resolved 
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(Querist)
16 March 2009 Profession tax discloser in P & L a/c in a Pvt. Ltd. is made then what is Sec , rulke or law Act for the same?
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CA J M Pattanayak

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CA J M Pattanayak (Expert)
16 March 2009 Whats exactly u wan to know ?
Professional tax collected from employee and paid to government. Why u wan to show it in P&L .
If any amount is due to make payment it will come in B/S .
I hope u r talking about Professional Tax ( U/S 16 of IT ACT )
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