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Professional Tax

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This query is : Resolved

Paras (Querist)

07 August 2009 If co. have registered office at kolkata and branch office at mumbai.where is the place for payment of P.TAx of employee of branch office? If Co. is depositing p.Tax of branch office employee at headoffice . is there any default, if yes any penalty on it?

IS P.Tax rate same in both state reply with chart

CA.PRAMOD KUMAR PANDA

CA.PRAMOD KUMAR PANDA (Expert)

08 August 2009 Professional Tax is a State Tax. So it has to be paid to the State after deducting from the Salary of those employee of the Company working at the Branch Office. The professional tax collected from Mumbai cannot be paid to West Bengal State Goverment at Kolkota.

Amit Sheode

Amit Sheode (Expert)

08 August 2009 It is absolutely a case of default. Pay the PT relating to MUmbai employees at Mumbai. Interest is payable for late payment @ 15% pa simple int. Presently as a policy the Government of Maharashtra does not levy penalty as a matter of policy if the compliance is voluntary though late

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