Professional tax compulsory for partnership firm?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 May 2016
Dear Experts,
We have a Partnership Firm ,its main objects are trading of Medicines and surgical items. Sir we recently registered MVAT on Jan-2015 am not has been done for Professional Tax Enrollment . So we don't have any employee till date, All has been done by our Partners.
So my question is that we are liable for Maharashtra Professional Tax ? If yes, then Explain us ?
Regards,
Atul Mishra
We have a Partnership Firm ,its main objects are trading of Medicines and surgical items. Sir we recently registered MVAT on Jan-2015 am not has been done for Professional Tax Enrollment . So we don't have any employee till date, All has been done by our Partners.
So my question is that we are liable for Maharashtra Professional Tax ? If yes, then Explain us ?
Regards,
Atul Mishra
Prakash Kochar
(Expert)
24 May 2016
Under Mah. Profession Tax Act partnership firm is not liable to pay and hold Enrollment certificate, but all the partners are liable to pay P Tax @Rs. 2500/- PA.
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