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
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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