Professional tax
This query is : Resolved
Nikhil Kothari
(Querist)
24 July 2019
One of my client have received notice from Karnataka Professional Tax department claiming Professional Tax payable as Rs. 5,000.00 pa from Financial Year 2011-12 to 2014-15.
My client is has a partnership firm consisting of 3 partners out of which one is senior citizen and having a total annual turnover of Rs. 35,00,000.00 and also have employed 2 people.
So now my query is what is the calculation behind Rs. 5,000.00 ?
My client is has a partnership firm consisting of 3 partners out of which one is senior citizen and having a total annual turnover of Rs. 35,00,000.00 and also have employed 2 people.
So now my query is what is the calculation behind Rs. 5,000.00 ?
Amol S Joglekar
(Expert)
13 February 2020
individual having attained age of 65 years, is not required to pay professional tax.
So out of 3 partners, one is exempt. The other two are required to pay
So out of 3 partners, one is exempt. The other two are required to pay
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