Professional tax on Internship stipend
This query is : Resolved
16 December 2022
My Daughter (B.Tech Final Year) is an intern in a LLP. The LLP is deducting Professional Tax @Rs.200 from the monthly Stipend. Pl. clarify, whether PT is applicable on Stipned? They don't issue form 16 then how to claim the prof. tax paid.
pl. advise.
pl. advise.
Dhirajlal Rambhia
(Expert)
16 December 2022
Article 276 of the Constitution of India provides that “there shall be levied and collected a tax on professions, trades, callings and employments, in accordance with the provisions of this Act.
The tax is based on the income of the profession, trade, or employment. Employers, freelancers, professionals, etc. are liable for paying this tax if their income exceeds a certain threshold, if any. All of them do not have Form 16, but pay Profession tax on any short of earning, which can include stipend.....
The tax is based on the income of the profession, trade, or employment. Employers, freelancers, professionals, etc. are liable for paying this tax if their income exceeds a certain threshold, if any. All of them do not have Form 16, but pay Profession tax on any short of earning, which can include stipend.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
