Professional Tax
This query is : Resolved
Manoj Narang
(Querist)
31 August 2010
Dear Aditya sir,,
I have one confussion that why PT deducted from Gross Total Income u/s 16(iii)...it is a tax why it is not deduct from the tax libility of assessee
Plz help me
I have one confussion that why PT deducted from Gross Total Income u/s 16(iii)...it is a tax why it is not deduct from the tax libility of assessee
Plz help me
CMA Ramesh Krishnan
(Expert)
31 August 2010
Professional tax is a expenses of assessee and also not related to Income tax for set off,hence we are deducting from the income not from the tax
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