Professional Tax Registration

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This discussion clarifies Professional Tax (PT) registration requirements for company directors. Generally, PT is applicable when a director receives a salary from the company and it crosses the threshold. If a director is over 60, an exemption may apply. Importantly, if the company is already registered and pays PT annually, a separate individual registration for a 'sleeping director' who doesn't draw a salary might not be necessary.

manisha

manisha (Querist)

02 January 2020 Dear Sir,

We have to take professional Tax registration for one of our company director. Our company register in the year 2008.

Director was working in the other company upto last financial year ie ( Fy. 18-19) and getting salary from that company and paying professional tax . Now he is retired from the company . So we have to take professional tax registration as director.

If we take registration now then whether we have to pay professional tax for F.Y. 2019-20 & we have to pay since he is director in our company.

Please revert on the same.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

03 January 2020 If you pay salary to discuss director if it falls pt limit than you have to deduct and pay government along with salary , if director age above 60 you can take exemption from pt deduction.

manisha

manisha (Querist)

03 January 2020 Sir
He is sleeping director since our company incorporation ie 2008. but we are not giving any salary to him because he was working in other company and getting salary from them and filing their Income tax return. but last year he was retired from earlier company. Hence now we have take professional tax registaration for him.

My query if we take professional tax registration as director of our company this year ie .FY. 19-20. then wether we have to pay professional tax since our company incorporation ie 2008 or from FY. 19-20 we will be liable to pay

manisha

manisha (Querist)

06 January 2020 ir He is sleeping director since our company incorporation ie 2008. but we are not giving any salary to him because he was working in other company and getting salary from them and filing their Income tax return. but last year he was retired from earlier company. Hence now we have take professional tax registaration for him. My query if we take professional tax registration as director of our company this year ie .FY. 19-20. then wether we have to pay professional tax since our company incorporation ie 2008 or from FY. 19-20 we will be liable to pay

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

07 January 2020 You have to pay pt only when you pay salary , EC pt paid for company not for directors, RC pt paid to employee or director when there salary limit cross PT applicable pt should be deducted and paid with RC in respective month not yearly payment, if director age is above 60 you need not deduct pt , you can take exemption

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

07 January 2020 No individual pt registration required for director , since company already registered and paid pt annually Rs.2500/

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